Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various bioactive molecules. Its structure is valuable in the development of compounds targeting neurological disorders, particularly those involving modulation of neurotransmitter systems. Additionally, it finds application in the creation of potential therapeutic agents for conditions like depression, anxiety, and other central nervous system-related ailments. Its hydrochloride form enhances solubility, making it suitable for experimental and formulation studies in drug development.