Primarily utilized in the pharmaceutical industry, this compound serves as a key intermediate in the synthesis of various therapeutic agents. Its structural framework is particularly valuable in the development of drugs targeting the central nervous system, where it contributes to the modulation of neurotransmitter activity. Additionally, it is employed in the creation of compounds with potential anti-inflammatory and analgesic properties. The hydrochloride salt form enhances its solubility, making it more suitable for formulation in medicinal products. Researchers also explore its use in the design of novel molecules for treating psychiatric disorders, owing to its ability to interact with specific receptors in the brain.