This compound is primarily utilized in the field of pharmaceutical research and development. It serves as a key intermediate in the synthesis of various bioactive molecules, particularly those targeting neurological disorders. Its structure is often leveraged in the creation of compounds that interact with neurotransmitter systems, making it valuable for studying conditions like Parkinson's disease, depression, and anxiety. Additionally, it is employed in the development of chiral drugs due to its stereospecific properties, which are crucial for ensuring the efficacy and safety of therapeutic agents. Researchers also explore its potential in designing novel analgesics and anti-inflammatory drugs, given its structural similarity to other pharmacologically active isoquinoline derivatives.