Used in pharmaceutical research as a key intermediate in the synthesis of bioactive compounds, particularly in the development of central nervous system agents. Shows potential in the design of dopamine and serotonin receptor modulators due to its structural similarity to known neuroactive molecules. Also employed in the preparation of novel isoindoline-based derivatives for screening in anti-inflammatory and anticancer studies. Its hydrochloride salt form enhances solubility and stability, making it suitable for in vitro and in vivo testing.