Used as an intermediate in the synthesis of pharmaceuticals, particularly in the production of beta-blockers, which are medications designed to treat cardiovascular conditions such as hypertension, angina, and arrhythmias. Its structure supports the development of compounds that modulate adrenergic receptor activity. The hydrochloride salt form enhances stability and solubility, making it suitable for further chemical processing in drug formulation. Commonly employed in research and development settings for optimizing synthetic routes and scaling up active pharmaceutical ingredients.