This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various pharmaceuticals. Its structure is particularly valuable in the development of compounds targeting neurological and psychiatric disorders, such as antidepressants and anxiolytics. Additionally, it is employed in research settings to study receptor interactions and drug mechanisms, aiding in the discovery of new therapeutic agents. Its hydrochloride form enhances stability and solubility, making it suitable for formulation in drug development processes.