Used in pharmaceutical research as an intermediate in the synthesis of serotonin receptor modulators. Shows potential in the development of neuroactive compounds due to structural similarity to tryptamine derivatives. Investigated for its role in enhancing metabolic stability in central nervous system agents, particularly due to the trifluoroacetamide group improving lipophilicity and resistance to enzymatic degradation. Also employed in studies exploring anti-inflammatory and neuroprotective effects in preclinical models.