This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of more complex molecules. Its structure, featuring both an amino group and a carboxylate ester, makes it a versatile building block for the development of pharmaceuticals, particularly in the synthesis of compounds with potential therapeutic effects. Researchers often employ it in the creation of novel drug candidates, especially those targeting neurological disorders or cardiovascular diseases. Additionally, its tetrahydronaphthalene core is valuable in the design of compounds with enhanced bioavailability and stability. The hydrochloride salt form ensures better solubility and handling in various chemical reactions, making it a practical choice for laboratory and industrial applications.