Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of serotonin receptor modulators. It plays a role in creating compounds with potential antidepressant and anxiolytic effects. Its structure supports the formation of biologically active molecules by serving as a building block in multi-step organic reactions, especially in the preparation of heterocyclic drug candidates. Commonly utilized in medicinal chemistry research for optimizing lead compounds targeting central nervous system disorders.