Used in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various bioactive molecules. It is particularly valuable in the development of compounds targeting the central nervous system, such as potential treatments for neurological disorders. Its structure allows for modifications that can enhance binding affinity to specific receptors, making it useful in drug discovery. Additionally, it is employed in the preparation of ligands for studying receptor interactions, aiding in the understanding of biochemical pathways. Its hydrochloride form ensures stability and solubility, facilitating its use in experimental and industrial applications.