Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various therapeutic agents. It is particularly valuable in the development of drugs targeting neurological disorders, where its structural properties facilitate the creation of compounds that interact with neurotransmitter systems. Additionally, it finds application in the synthesis of anti-inflammatory and analgesic medications, leveraging its ability to modify biological pathways effectively. Its hydrochloride form enhances solubility, making it suitable for formulation in aqueous-based drug delivery systems. Researchers also utilize it in the study of enzyme inhibition, contributing to the development of enzyme-targeted therapies.