Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various bioactive molecules. Its structural properties make it valuable in the creation of compounds targeting neurological and cardiovascular disorders. Additionally, it is employed in the development of potential therapeutic agents due to its ability to interact with specific biological pathways. In organic chemistry, it acts as a building block for constructing complex molecules with potential medicinal applications. Its hydrochloride form enhances stability and solubility, making it suitable for experimental and industrial use.