This chemical is primarily utilized in the synthesis of various pharmaceutical compounds. It acts as an intermediate in the production of drugs that target neurological and cardiovascular conditions. Its structure allows it to be a key building block in creating molecules that interact with specific receptors in the body, aiding in the development of medications for pain management, anxiety, and hypertension. Additionally, it is used in research laboratories to study and develop new therapeutic agents, particularly those involving amine-based chemistry. Its versatility in organic synthesis makes it valuable for creating complex molecules with potential medicinal properties.