Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of centrally acting agents. Its structure supports the creation of compounds with activity on neurological targets, including serotonin and dopamine receptors. Commonly employed in the preparation of experimental drugs for psychiatric and neurological disorders due to its ability to cross the blood-brain barrier and enhance binding affinity. Also utilized in medicinal chemistry research for optimizing pharmacokinetic properties such as solubility and metabolic stability.