This compound is primarily utilized in the pharmaceutical industry as a key intermediate in the synthesis of various drugs. Its chiral structure makes it valuable in the production of enantiomerically pure compounds, which are crucial for developing medications with specific biological activities. It is often employed in the preparation of active pharmaceutical ingredients (APIs) targeting neurological and cardiovascular disorders. Additionally, its role in peptide synthesis and as a building block for complex organic molecules highlights its importance in medicinal chemistry research. The hydrochloride form enhances its stability and solubility, facilitating its use in various chemical reactions and formulations.