This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of biologically active molecules. It is often employed in the development of pharmaceuticals targeting central nervous system disorders, particularly those involving the modulation of neurotransmitter systems. The structural framework of this chemical makes it valuable for creating compounds with potential anxiolytic, antidepressant, or antipsychotic properties. Additionally, it serves as a building block in the design of ligands for various receptors, aiding in drug discovery and optimization processes. Its hydrochloride form enhances solubility, facilitating its use in experimental and formulation studies.