Used primarily in the pharmaceutical industry, this compound serves as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). It is particularly valuable in the development of chiral drugs, where its specific stereochemistry plays a crucial role in enhancing drug efficacy and reducing side effects. Additionally, it finds application in research settings for studying receptor interactions and pharmacological mechanisms due to its structural properties. Its hydrochloride form ensures stability and solubility, making it suitable for formulation processes in drug manufacturing.