Used in pharmaceutical research as a key intermediate in the synthesis of kinase inhibitors, particularly those targeting tyrosine kinases involved in cancer cell proliferation. Shows potential in the development of anti-tumor agents due to its ability to modulate signaling pathways in malignant cells. Also employed in studies exploring treatments for neurodegenerative diseases, where it acts as a scaffold for compounds enhancing neuronal survival. Its hydrochloride salt form improves solubility and bioavailability in biological assays.