This compound is primarily utilized in the pharmaceutical and biochemical research fields. It serves as a key intermediate in the synthesis of various chiral drugs, particularly those targeting neurological and cardiovascular conditions. Its chiral nature allows for the development of enantiomerically pure compounds, which are crucial for enhancing drug efficacy and reducing side effects. Additionally, it is employed in the production of peptides and amino acid derivatives, contributing to advancements in protein engineering and therapeutic agent design. Its hydrochloride form ensures stability and solubility, making it suitable for laboratory and industrial applications.