Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of central nervous system (CNS) active drugs. Its structure supports the creation of compounds with cognitive-enhancing and neuroprotective properties. Commonly employed in research settings for designing nootropics and treatments targeting neurological disorders such as Alzheimer's and Parkinson’s disease. Also utilized in the preparation of selective enzyme inhibitors and receptor modulators due to its favorable binding characteristics. Its hydrochloride salt form improves solubility and stability, making it suitable for use in both in vitro and in vivo studies.