Used as a key intermediate in the synthesis of biologically active compounds, particularly in the development of pharmaceuticals targeting central nervous system disorders. Its structure supports the creation of analogs with potential neuroprotective or cognitive-enhancing effects. Also employed in the preparation of chiral building blocks for asymmetric synthesis, making it valuable in medicinal chemistry and drug design. The hydrochloride salt form improves stability and solubility, facilitating its use in laboratory-scale reactions and early-stage pharmaceutical research.