Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of central nervous system (CNS) agents. It serves as a building block for drugs targeting psychiatric and neurological disorders, including antipsychotics and antidepressants. Its structure supports the design of compounds with high receptor affinity and selectivity, especially for dopamine and serotonin receptors. Also utilized in research settings for creating novel bioactive molecules and in medicinal chemistry for structure-activity relationship (SAR) studies.