Used in pharmaceutical research as a key intermediate in the synthesis of psychoactive compounds and potential CNS agents. Shows affinity for serotonin and dopamine receptors, making it relevant in the development of drugs targeting neurological and psychiatric disorders. Also utilized in the preparation of analogs for structure-activity relationship (SAR) studies. Its structural features support binding to multiple receptor sites, which is valuable in neuropharmacology. Not intended for human use and strictly for laboratory research.