Used primarily as a pharmaceutical intermediate in the synthesis of various central nervous system (CNS) active agents. It serves as a key building block in the production of certain antidepressants, antipsychotics, and analgesic compounds due to its structural features that support receptor binding in neurological pathways. Its amine and hydroxyl functional groups allow for easy modification in multi-step organic syntheses, making it valuable in medicinal chemistry for developing bioactive molecules. Also investigated for use in the preparation of selective serotonin reuptake inhibitors (SSRIs) and dopamine receptor modulators. Limited to research and development settings; not used directly as an active pharmaceutical ingredient.