This compound is primarily used in pharmaceutical research and development as an intermediate in the synthesis of various active pharmaceutical ingredients (APIs). Its structure, featuring both a methoxyethyl group and an amino acid moiety, makes it valuable for creating molecules with specific biological activities. It is often employed in the design of drugs targeting neurological and cardiovascular systems due to its potential to interact with receptors or enzymes in these pathways. Additionally, it can be utilized in the preparation of prodrugs, where its properties help enhance the solubility or bioavailability of the active drug. Its hydrochloride form ensures stability and ease of handling during chemical processes.