This compound is primarily utilized in pharmaceutical research and development as a key intermediate in the synthesis of various biologically active molecules. Its structure, featuring a methoxypyridine moiety, makes it valuable in the design of drugs targeting neurological disorders, including cognitive enhancers and treatments for neurodegenerative diseases. Additionally, it is employed in the preparation of ligands for receptor studies, particularly in the field of neuropharmacology, aiding in the understanding of receptor interactions and signaling pathways. Its hydrochloride form enhances solubility, making it suitable for use in aqueous-based reactions and formulations.