Used primarily in the pharmaceutical and biochemical research fields, this compound serves as a key intermediate in the synthesis of various peptides and amino acid derivatives. It is particularly valuable in the development of drugs targeting neurological disorders, as it can influence neurotransmitter activity. Additionally, it is utilized in the production of chiral compounds, aiding in the study of stereochemistry and enzyme interactions. Its hydrochloride form enhances solubility, making it suitable for use in aqueous-based formulations and experimental protocols.