This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of novel drug candidates. It serves as a key intermediate in the production of various biologically active molecules, especially those targeting specific enzyme pathways or receptors. Its structure is often exploited in the design of compounds with potential therapeutic applications, such as anti-inflammatory, antiviral, or anticancer agents. Additionally, it finds use in organic chemistry as a building block for constructing more complex heterocyclic compounds, which are essential in medicinal chemistry for creating diverse molecular libraries. Its hydrochloride form enhances solubility, making it more suitable for experimental procedures in drug discovery and development.