This compound is primarily utilized in the synthesis of pharmaceutical intermediates, particularly in the development of drugs targeting neurological and cardiovascular disorders. Its structure makes it a valuable building block in organic synthesis, enabling the creation of complex molecules with potential therapeutic effects. Additionally, it is employed in research laboratories for studying peptide modifications and as a precursor in the production of chiral compounds. Its hydrochloride form enhances solubility, making it more suitable for various chemical reactions and formulations.