Used as an intermediate in the synthesis of pharmaceutical compounds, particularly in the development of active pharmaceutical ingredients (APIs) with central nervous system activity. Its structure allows for the introduction of piperazine and aryl amine functionalities, which are common in drugs targeting psychiatric and neurological disorders. Frequently employed in medicinal chemistry for building blocks in the creation of serotonin receptor modulators and antipsychotic agents. Also utilized in research settings for the preparation of novel bioactive molecules and in the optimization of drug candidates during lead development.