This compound is primarily utilized in the field of medicinal chemistry, where it serves as a key intermediate in the synthesis of various pharmaceutical agents. Its structure is particularly valuable in the development of drugs targeting neurological disorders, such as anxiety and depression, due to its ability to interact with specific receptors in the brain. Additionally, it is explored for its potential in creating treatments for chronic pain and inflammation, leveraging its modulatory effects on certain signaling pathways. Researchers also investigate its role in improving cognitive function and memory, making it a candidate for addressing neurodegenerative conditions like Alzheimer's disease. Its hydrochloride form enhances solubility, facilitating its use in drug formulations and experimental studies.