Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of selective receptor modulators. Its structural features make it valuable in creating compounds with central nervous system activity, including potential use in treatments for neurological and psychiatric disorders. The compound's ability to interact with specific receptors allows for fine-tuning of biological activity in drug design. It is also employed in research settings to explore new therapeutic agents, especially in medicinal chemistry programs focused on improving drug selectivity and efficacy.