Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of central nervous system (CNS) agents. It serves as a building block for dopamine and serotonin receptor modulators, which are relevant in treating neurological and psychiatric disorders such as depression, schizophrenia, and Parkinson’s disease. Its structural features allow for selective modification to enhance binding affinity and metabolic stability in drug candidates. Also employed in medicinal chemistry research for structure-activity relationship (SAR) studies due to the presence of reactive sites for functionalization.