This compound is primarily utilized in the pharmaceutical industry as an intermediate in the synthesis of various active pharmaceutical ingredients (APIs). It plays a crucial role in the development of drugs targeting central nervous system disorders, including antipsychotics and antidepressants. Its structural features make it a valuable building block for creating compounds with specific chiral properties, which are essential for achieving desired biological activity and reducing side effects. Additionally, it is employed in research settings for the design and optimization of novel therapeutic agents, particularly those requiring precise stereochemistry. Its hydrochloride form enhances stability and solubility, facilitating its use in various synthetic processes.