This compound is primarily utilized in the pharmaceutical industry as an intermediate in the synthesis of various active pharmaceutical ingredients (APIs). It is particularly valuable in the development of chiral drugs, where its specific stereochemistry plays a critical role in enhancing the efficacy and reducing the side effects of the final product. Additionally, it is employed in research and development for studying receptor interactions and designing novel therapeutic agents, especially in the fields of neurology and psychiatry. Its hydrochloride form ensures stability and solubility, making it suitable for formulation processes.