Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various biologically active molecules. Its structure is particularly valuable in the development of triazole-based drugs, which are known for their antimicrobial, antifungal, and anti-inflammatory properties. Additionally, it plays a role in the creation of novel therapeutic agents targeting specific enzymes or receptors, contributing to advancements in medicinal chemistry. Its hydrochloride form enhances solubility, making it suitable for experimental and formulation purposes in drug development.