This compound is primarily utilized in the field of pharmaceutical research as a key intermediate in the synthesis of various bioactive molecules. Its structure is particularly valuable in the development of compounds targeting the central nervous system, such as potential anxiolytics or antipsychotics. Additionally, it serves as a building block in the creation of ligands for receptors involved in neurological pathways. Its application extends to the study of enzyme inhibition, where it may be used to explore mechanisms related to specific biochemical processes. The hydrochloride form enhances its stability and solubility, making it more suitable for experimental and industrial use.