This compound is primarily utilized in the synthesis of pharmaceuticals, particularly in the production of adrenergic agents. It serves as a key intermediate in the manufacture of drugs that target the sympathetic nervous system, such as those used to treat conditions like nasal congestion, hypotension, and certain heart disorders. Additionally, it finds application in research settings for studying neurotransmitter activity and developing new therapeutic compounds. Its role in organic synthesis also extends to creating complex molecules for various medicinal and experimental purposes.