Used primarily as a research chemical in pharmaceutical development, this compound serves as an intermediate in the synthesis of biologically active molecules. It has been investigated for its potential role in central nervous system agents due to structural features that interact with adrenergic and dopaminergic pathways. Its derivatives are explored for possible applications in treating neurological disorders such as depression, ADHD, and substance use disorders. The hydrobromide salt form enhances stability and solubility, making it suitable for laboratory-scale formulation studies. It is not approved for clinical use and remains restricted to scientific research.