This compound is primarily utilized in the field of organic synthesis and pharmaceutical research. It serves as a key intermediate in the development of various biologically active molecules, particularly in the synthesis of compounds with potential therapeutic applications. Its structure is often leveraged to create derivatives that are explored for their pharmacological properties, such as anti-inflammatory, analgesic, or central nervous system activity. Additionally, it is used in the study of chemical reactions and mechanisms, aiding in the discovery of new synthetic pathways and drug candidates. Its hydrochloride form enhances solubility, making it more suitable for experimental and industrial processes.