This compound is primarily utilized in the synthesis of pharmaceutical intermediates, particularly in the development of drugs targeting neurological and cardiovascular conditions. Its structure, featuring both amino and hydroxyl groups, makes it a valuable precursor in the production of compounds that interact with neurotransmitter systems. Additionally, it is employed in research settings to study the biochemical pathways related to amino acid metabolism and receptor modulation. Its hydrochloride form enhances solubility, facilitating its use in various experimental and industrial processes.