This compound is primarily utilized in the field of medicinal chemistry, where it serves as a key intermediate in the synthesis of various pharmacologically active molecules. Its structure is particularly valuable in the development of compounds targeting the central nervous system, where it can be incorporated into molecules designed to interact with neurotransmitter systems. Additionally, it has been explored for its potential in creating novel therapeutic agents for conditions such as depression, anxiety, and other mood disorders. The hydrochloride salt form enhances its stability and solubility, making it more suitable for pharmaceutical formulations. Researchers also investigate its role in the development of selective receptor ligands, which can help in understanding and treating neurological diseases.