Used primarily in organic synthesis as an intermediate for pharmaceuticals, particularly in the development of central nervous system agents. It serves as a building block in the preparation of bioactive molecules due to its structural similarity to known neuroactive compounds. Its derivatives are explored for potential analgesic, antidepressant, and cognitive-enhancing effects. Also utilized in research settings to study receptor binding, especially at sigma and NMDA receptors. Limited use in agrochemicals and specialty materials due to its amine functionality and chiral properties.