Used primarily in pharmaceutical research, this compound serves as an intermediate in the synthesis of various active pharmaceutical ingredients (APIs). It is particularly valuable in the development of drugs targeting the central nervous system, where its structural properties can be leveraged to create compounds with specific receptor-binding capabilities. Additionally, it finds application in the preparation of potential therapeutic agents for conditions such as anxiety, depression, and other neurological disorders. Its hydrochloride form enhances solubility, making it more suitable for formulation studies and preclinical testing.