Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various biologically active molecules. It is particularly valuable in the creation of compounds targeting neurological disorders, such as depression and anxiety, due to its structural similarity to certain neurotransmitters. Additionally, it finds application in the development of potential therapeutic agents for cardiovascular diseases, leveraging its ability to modulate specific biochemical pathways. In organic chemistry, it is employed as a building block for constructing complex heterocyclic compounds, which are essential in drug discovery and medicinal chemistry. Its hydrochloride form enhances solubility, making it more suitable for experimental and formulation purposes.