Used primarily as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of central nervous system (CNS) agents. Its structure supports the creation of selective receptor modulators, including those targeting serotonin and dopamine pathways. It is also employed in the preparation of fluorinated analogs in medicinal chemistry, where the fluorine atom enhances metabolic stability and bioavailability. Commonly found in research settings for optimizing drug candidates in neurodegenerative and psychiatric disorder therapies.