Used primarily as a building block in pharmaceutical synthesis, this compound plays a key role in the development of central nervous system agents, particularly antipsychotics and antidepressants. Its structure supports binding to dopamine and serotonin receptors, making it valuable in designing receptor-targeted drugs. It is also employed in research settings to develop novel psychoactive medications and to study receptor interactions. Due to its amine functionality and structural flexibility, it enhances drug solubility and bioavailability in medicinal chemistry applications.