Used in pharmaceutical research as a building block for synthesizing various bioactive compounds. It plays a role in developing potential drugs targeting neurological disorders due to its structural similarity to certain neurotransmitter analogs. Additionally, it is employed in organic synthesis to create complex molecules for medicinal chemistry studies. Its application extends to the development of novel therapeutic agents, particularly in the field of central nervous system (CNS) disorders. Researchers also utilize it to explore its potential in creating anti-inflammatory and analgesic compounds.