This compound is primarily utilized in research and development within the field of medicinal chemistry. It serves as a key intermediate in the synthesis of various pharmacologically active molecules, particularly those targeting neurological disorders. Its structure is often explored for its potential to interact with neurotransmitter systems, making it valuable in the design of drugs for conditions like depression, anxiety, and neurodegenerative diseases. Additionally, it is employed in the study of receptor binding and enzyme inhibition, aiding in the discovery of novel therapeutic agents. Its hydrochloride form enhances solubility, facilitating its use in experimental assays and preclinical studies.