Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of central nervous system (CNS) active agents. Its structure supports the formation of bioactive molecules due to the presence of both amine and hydroxyl functional groups, enabling diverse chemical modifications. Commonly employed in the preparation of analogs for medicinal chemistry research, especially in studies related to neurotransmitter modulation. Also utilized in the creation of novel compounds for potential anxiolytic or antidepressant activity. Its bromophenyl moiety allows for further functionalization via cross-coupling reactions, making it valuable in drug discovery and development workflows.