Used primarily in pharmaceutical research as an intermediate in the synthesis of bioactive compounds. Shows potential in the development of central nervous system agents due to its structural affinity for certain receptor targets. Its conjugated system and amine functionality make it suitable for studies in neuropharmacology, particularly in designing modulators of neurotransmitter activity. Also investigated for use in oncology-related research owing to its ability to influence cell signaling pathways. Employed in the preparation of analogs for structure-activity relationship (SAR) studies.