Used as a key intermediate in the synthesis of various pharmaceutical compounds, particularly in the development of central nervous system (CNS) agents. It serves as a building block for drugs targeting psychiatric and neurological disorders, including antipsychotics, antidepressants, and anxiolytics. Its structure allows for easy modification to enhance drug potency, selectivity, and bioavailability. Commonly found in research related to serotonin and dopamine receptor modulators. Also utilized in the preparation of radiolabeled compounds for receptor binding studies.