This compound is primarily utilized in the pharmaceutical industry as an intermediate in the synthesis of various active pharmaceutical ingredients (APIs). It plays a crucial role in the development of drugs targeting central nervous system disorders, including anxiety, depression, and schizophrenia. Its structural properties make it a valuable building block for creating molecules with specific receptor-binding capabilities. Additionally, it is employed in research settings to study and optimize pharmacokinetic properties of potential drug candidates. Its hydrochloride form enhances stability and solubility, facilitating its use in both laboratory and industrial processes.