Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various therapeutic agents. Its structure is particularly valuable in the creation of molecules targeting neurological disorders, such as antidepressants and anxiolytics. Additionally, it is employed in the production of compounds with potential anti-inflammatory and analgesic properties. The hydrochloride form enhances its stability and solubility, making it suitable for various experimental and industrial applications in drug discovery and organic synthesis.