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 production of chiral drugs, where its enantiomeric purity is crucial for ensuring the desired pharmacological activity. The compound's structure, featuring both an amino group and a methoxyphenyl moiety, makes it suitable for constructing complex molecules with specific biological targets. It is often employed in the development of drugs targeting the central nervous system, cardiovascular diseases, and other therapeutic areas. Additionally, its hydrochloride form enhances stability and solubility, facilitating its use in formulation processes. Researchers also utilize it in asymmetric synthesis and as a building block in medicinal chemistry to explore new drug candidates.