This compound is primarily utilized in pharmaceutical research and development as an intermediate in the synthesis of more complex molecules. Its structure, featuring both an amino group and an iodophenyl moiety, makes it valuable for creating compounds with potential biological activity. It is often employed in the preparation of drug candidates targeting neurological disorders, as the iodophenyl group can enhance binding affinity to certain receptors. Additionally, it serves as a building block in organic synthesis, particularly in reactions involving cross-coupling or further functionalization of the aromatic ring. Its hydrochloride salt form improves stability and solubility, facilitating its use in various experimental protocols.