Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of central nervous system (CNS) active compounds. Its structural features support binding to neuroreceptors, making it valuable in the design of antidepressants, antipsychotics, and cognitive enhancers. Commonly employed in medicinal chemistry research for optimizing drug candidates due to its favorable conformational rigidity and ability to improve blood-brain barrier penetration. Also utilized in the preparation of selective kinase inhibitors and receptor modulators in preclinical drug discovery programs.