Primarily utilized in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). Its structure is particularly valuable in the development of drugs targeting neurological disorders, as it can be modified to enhance blood-brain barrier penetration. Additionally, it is employed in the preparation of chiral compounds, where its stereochemistry is crucial for producing enantiomerically pure substances. In medicinal chemistry, it is often used to explore structure-activity relationships (SAR) for optimizing drug efficacy and minimizing side effects. Its hydrochloride form ensures better solubility and stability, making it suitable for experimental and industrial applications.