This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of novel drug candidates. Its structure makes it a valuable intermediate in the creation of molecules targeting central nervous system disorders, such as depression, anxiety, and neurodegenerative diseases. Additionally, it is employed in the development of receptor modulators and enzyme inhibitors, contributing to the exploration of new therapeutic pathways. Its hydrochloride form enhances stability and solubility, making it suitable for various experimental and formulation processes in medicinal chemistry.