Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors and antidepressant drugs. Its structure supports the formation of bioactive molecules due to the presence of both amine and alcohol functional groups, which allow for easy modification and coupling reactions. Commonly employed in medicinal chemistry for building blocks in drug discovery programs targeting neurological disorders and inflammation. Also utilized in the preparation of fluorinated analogs to improve metabolic stability and binding affinity in active compounds.