Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of central nervous system agents. It serves in the production of certain antidepressants and cognitive enhancers due to its structural properties that facilitate blood-brain barrier penetration. Also employed in research settings for developing novel compounds with potential neuroprotective effects. Its hydrochloride salt form enhances stability and solubility, making it suitable for use in aqueous-based reactions and formulations.