Used in pharmaceutical research as a key intermediate in the synthesis of selective serotonin reuptake inhibitors (SSRIs) and other central nervous system agents. Its structure supports binding to neurotransmitter receptors, making it valuable in developing antidepressants and anxiolytic drugs. Also explored in the design of ligands for nicotinic acetylcholine receptors, contributing to studies on cognitive disorders and neurodegeneration. Commonly employed in medicinal chemistry for scaffold modification to enhance drug potency and selectivity.