This compound is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting neurological and psychiatric disorders. Its structure is often incorporated into compounds designed to modulate neurotransmitter systems, making it valuable in the development of potential drugs for conditions such as depression, anxiety, and cognitive impairments. Additionally, it is explored in the creation of novel triazole-based derivatives, which are known for their antimicrobial and anticancer properties. Its hydrochloride form enhances solubility, facilitating its use in experimental formulations and drug delivery systems.