Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of central nervous system (CNS) agents. It serves as a building block for compounds with potential antipsychotic, antidepressant, or cognitive-enhancing properties. Its structure allows for effective binding to neurological receptors, making it valuable in drug discovery for neurodegenerative diseases and psychiatric disorders. Also utilized in research settings to design novel bioactive molecules due to its favorable solubility and stability when in hydrochloride salt form.