Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various biologically active molecules. Its structure is particularly valuable in the creation of compounds targeting neurological disorders, as it can interact with specific receptors in the brain. Additionally, it is employed in the development of potential therapeutic agents for cardiovascular diseases due to its ability to modulate certain enzymatic pathways. The hydrochloride form enhances its stability and solubility, making it suitable for use in experimental formulations and preclinical studies. Researchers also utilize it in medicinal chemistry to explore structure-activity relationships, aiding in the optimization of drug candidates.