Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various bioactive molecules. It is particularly valuable in the development of drugs targeting neurological disorders due to its structural similarity to amino acids involved in neurotransmitter pathways. Additionally, it is utilized in the study of enzyme inhibition and receptor binding, aiding in the discovery of new therapeutic agents. Its hydrochloride form enhances solubility, making it suitable for experimental applications in aqueous environments.