Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of central nervous system (CNS) drugs. Its structural properties make it valuable for creating compounds that target neurological disorders, such as depression, anxiety, and schizophrenia. Additionally, it serves as a building block in organic chemistry research for designing novel bioactive molecules with potential therapeutic applications. Its role in drug discovery is significant due to its ability to enhance the pharmacokinetic and pharmacodynamic properties of active pharmaceutical ingredients.