Used in pharmaceutical research as a key intermediate in the synthesis of serotonin receptor modulators, particularly targeting 5-HT4 receptors. It shows potential in developing treatments for neurological and gastrointestinal disorders due to its ability to influence neurotransmitter activity. Its structure supports high binding affinity and selectivity, making it valuable in optimizing drug candidates for improved efficacy and reduced side effects. Also employed in studies exploring cognitive enhancement and neuroprotection.