Used primarily in pharmaceutical research as an intermediate in the synthesis of bioactive compounds. It serves as a building block for developing serotonin receptor modulators and antidepressant agents. Commonly utilized in the creation of ligands for neurological studies, particularly those involving central nervous system receptors. Also employed in the development of novel piperazine-based derivatives for potential anxiolytic and antipsychotic applications. Its structure supports high affinity binding in receptor assays, making it valuable in drug discovery and medicinal chemistry research.