Used in pharmaceutical research as a key intermediate for synthesizing bioactive molecules, particularly in the development of central nervous system agents. Its structure supports binding to neurological receptors, such as serotonin or dopamine receptors, making it valuable in creating potential treatments for psychiatric and neurological disorders, including depression and anxiety. The structure can be modified to enhance blood-brain barrier penetration. Also employed in medicinal chemistry for optimizing drug candidates due to its metabolic stability and favorable pharmacokinetic properties. Additionally, it is used in research exploring anti-inflammatory and antimicrobial effects at the cellular level.