Used in pharmaceutical research as a key intermediate in the synthesis of biologically active compounds, particularly in the development of receptor agonists and enzyme inhibitors. Its structure, featuring a hydroxy group and a 4-bromobenzyl substituent, facilitates easy modification to create derivatives for structure-activity relationship (SAR) studies. This supports the design of central nervous system agents due to its ability to cross the blood-brain barrier. Commonly employed in medicinal chemistry for lead optimization in drug discovery programs targeting neurological disorders and inflammatory conditions.