Used primarily in pharmaceutical research, this compound serves as a chiral building block in the synthesis of enantiomerically pure drugs. It is particularly valuable in the development of central nervous system (CNS) agents, where its structural properties enhance binding affinity to specific receptors. Additionally, it plays a role in the creation of β-adrenergic receptor agonists, which are critical in treating respiratory conditions like asthma. Its hydrochloride form ensures stability and solubility, making it suitable for formulation studies. The compound is also explored in the design of novel therapeutic agents targeting neurological disorders due to its ability to modulate neurotransmitter activity.