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 construction of complex heterocyclic compounds found in neurologically active drugs. Commonly employed in medicinal chemistry for modifying bioavailability and enhancing blood-brain barrier penetration in drug candidates. Also utilized in research settings for creating analogs in structure-activity relationship (SAR) studies targeting receptors such as serotonin and dopamine receptors.