Used in the synthesis of pharmaceutical compounds, particularly in the development of central nervous system (CNS) drugs. It serves as a key intermediate in creating molecules that target neurological disorders, such as anxiety, depression, and schizophrenia. Additionally, it is utilized in research to explore new therapeutic agents with potential antipsychotic or antidepressant properties. Its structural features make it valuable for designing compounds that interact with neurotransmitter receptors in the brain.