Used 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 potential therapeutic agents targeting neurological disorders, due to its structural similarity to compounds that interact with central nervous system receptors. Additionally, it is employed in the study of enzyme inhibition and receptor modulation, aiding in the discovery of new drugs for conditions like anxiety, depression, and cognitive impairments. Its hydrochloride form enhances solubility, making it suitable for experimental formulations and in vitro studies.