Primarily utilized in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various bioactive molecules. Its structure is particularly valuable in the development of cyclic peptidomimetics, which are crucial for designing drugs that target specific enzymes or receptors. Additionally, it is employed in the study of neurotransmitter analogs, aiding in the exploration of neurological pathways and potential treatments for disorders like epilepsy or depression. Its hydrochloride form ensures better solubility, making it suitable for experimental and industrial applications in drug formulation and delivery systems.