Used primarily in research settings as an intermediate in the synthesis of pharmaceutical compounds. It has been investigated for its potential activity in central nervous system-related studies due to its structural similarity to known neuroactive agents. Shows utility in the development of receptor binding probes, particularly in studies involving dopamine and serotonin receptors. Also employed in medicinal chemistry for structure-activity relationship (SAR) studies, helping to optimize lead compounds for improved efficacy and selectivity. Not used in consumer products or industrial applications.