Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various bioactive molecules. It is particularly valuable in the development of potential therapeutic agents targeting neurological disorders, as its structure can be modified to interact with specific receptors in the brain. Additionally, it finds application in organic synthesis for creating complex heterocyclic compounds, which are often explored for their medicinal properties. Its hydrochloride form enhances solubility, making it easier to handle in experimental and industrial processes.