This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of chiral intermediates. Its structure makes it valuable in the creation of biologically active molecules, such as those targeting neurological disorders. The chiral nature of the compound allows for the development of enantiomerically pure drugs, enhancing efficacy and reducing side effects. It is also employed in the preparation of piperazine derivatives, which are crucial in designing compounds with potential therapeutic applications, including antipsychotics and antidepressants. Additionally, its hydrochloride form improves solubility, facilitating its use in various experimental and industrial processes.