Used primarily in organic synthesis as an intermediate in the development of pharmaceutical compounds. It serves as a building block in the creation of bioactive molecules, particularly in the design of central nervous system agents. Its structure allows for modulation of receptor activity, making it valuable in research related to neuropharmacology. Commonly employed in the synthesis of serotonin and dopamine receptor ligands. Also utilized in the development of novel piperazine-based derivatives for potential therapeutic applications.