This compound is primarily utilized in the synthesis of various pharmaceutical agents, particularly those targeting the central nervous system. It serves as a key intermediate in the development of drugs that modulate neurotransmitter activity, such as antidepressants and anxiolytics. Its structure, which includes a dimethylamino group and a hydroxyl group, allows it to interact effectively with biological receptors, making it valuable in medicinal chemistry research. Additionally, it is explored in the design of compounds with potential antihistamine or anticholinergic properties, contributing to the treatment of allergic reactions or certain gastrointestinal disorders. Its applications extend to experimental studies aimed at understanding receptor-ligand interactions and optimizing drug efficacy.