Used as an intermediate in organic synthesis, particularly in the development of pharmaceuticals. It serves in the preparation of bioactive molecules due to the presence of both amine and ether functional groups, which can participate in various coupling and substitution reactions. Commonly applied in the synthesis of central nervous system agents and cardiovascular drugs. Also utilized in the creation of chiral building blocks for asymmetric synthesis. Its hydrochloride salt form enhances stability and solubility, making it suitable for use in aqueous reaction conditions.