This specialty chemical serves as an intermediate in pharmaceutical research for the synthesis of bioactive compounds, particularly those targeting central nervous system disorders. It shows utility in developing potential antidepressants and anxiolytic agents due to its structural similarity to known neurotransmitter modulators. It is also employed in the preparation of cyclopropane-containing analogs for structure-activity relationship studies. Its hydrochloride salt form enhances stability and solubility, making it suitable for in vitro and in vivo testing.