Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of central nervous system (CNS) active agents. Its structural features make it valuable in creating analogs for serotonin or dopamine receptor modulators. Commonly employed in research settings to build complex molecules for drug discovery, especially in anxiolytic and antidepressant candidates. Also utilized in the preparation of fluorinated bioactive molecules, where the fluorine atom enhances metabolic stability and binding affinity.