Used primarily as a pharmaceutical intermediate in the synthesis of active drug substances, particularly in the development of central nervous system agents. It serves as a key building block in the production of certain antidepressants and cognitive enhancers due to its structural properties that facilitate blood-brain barrier penetration. Its amine and ketone functional groups allow for versatile reactivity in organic synthesis, making it valuable in creating complex chiral molecules. Also employed in research settings for developing novel compounds with potential neuroprotective effects.