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