This compound is primarily used in organic synthesis as a chiral building block. It serves as a key intermediate in the production of pharmaceuticals, particularly in the development of enantiomerically pure drugs. Its chiral nature allows for the creation of specific stereoisomers, which is crucial in drug design to ensure efficacy and reduce side effects. Additionally, it is employed in the synthesis of agrochemicals and fine chemicals, where its methoxy and amine functional groups contribute to the desired reactivity and structural complexity. The hydrochloride form enhances its stability and solubility, making it more suitable for various chemical reactions and formulations.