This compound is primarily utilized in the pharmaceutical industry as an intermediate in the synthesis of various active pharmaceutical ingredients (APIs). It plays a crucial role in the development of drugs targeting neurological and cardiovascular disorders. Specifically, it is involved in the production of compounds that modulate adrenergic receptors, which are essential in regulating blood pressure and heart rate. Additionally, it is used in research settings to study the biochemical pathways and receptor interactions related to these conditions. Its hydrochloride form enhances stability and solubility, making it suitable for formulation processes in drug manufacturing.