Used primarily as an intermediate in organic synthesis, particularly in the pharmaceutical industry for the preparation of bioactive molecules and medicinal compounds. Its structure serves as a building block in the development of drugs targeting central nervous system disorders due to its resemblance to certain neurotransmitter frameworks. Also employed in the synthesis of agrochemicals and specialty chemicals where a lipophilic amine moiety is required. Its benzylic and tertiary amine groups allow for functionalization in multi-step reactions, making it valuable in research and development of novel therapeutic agents.