Used in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various bioactive molecules. It is particularly valuable in developing drugs targeting the central nervous system, such as antipsychotics and analgesics, due to its structural similarity to piperidine-based pharmacophores. Additionally, it finds application in the preparation of ligands for receptor binding studies, aiding in the exploration of new therapeutic agents. Its hydrochloride form enhances solubility, making it suitable for use in aqueous-based formulations and experimental protocols.