Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of central nervous system (CNS) agents and receptor modulators. Its structure supports the creation of bioactive molecules due to the presence of both ether and amine functionalities, which enhance binding affinity and solubility. Commonly employed in medicinal chemistry for constructing drug candidates targeting neurological disorders and inflammatory conditions. Also utilized in the preparation of radiolabeled derivatives for metabolic and pharmacokinetic studies.