This compound is primarily utilized in the synthesis of pharmaceutical agents, particularly in the development of central nervous system (CNS) stimulants and antidepressants. Its structural properties make it a valuable intermediate in creating compounds that target neurotransmitter systems, such as dopamine and norepinephrine. Additionally, it has been explored in research settings for its potential therapeutic effects in treating attention deficit hyperactivity disorder (ADHD) and narcolepsy. The hydrochloride salt form enhances its stability and solubility, making it more suitable for formulation in medicinal products. Its application is also seen in organic chemistry research as a building block for more complex molecules.