This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various pharmaceutical agents. Its structure is particularly valuable in the development of drugs targeting central nervous system disorders, such as anxiety and depression, due to its ability to interact with specific neurotransmitter receptors. Additionally, it is employed in the creation of compounds with potential antimicrobial and antifungal properties, making it significant in the fight against resistant pathogens. The hydrochloride form enhances its solubility, facilitating its use in various experimental and industrial processes. Researchers also explore its role in the design of novel therapeutic agents for metabolic diseases, leveraging its unique chemical framework to optimize drug efficacy and safety.