This compound is primarily utilized in the pharmaceutical industry as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). It plays a significant role in the development of drugs targeting neurological disorders, particularly those involving the modulation of neurotransmitter systems. Additionally, it is employed in the production of chiral compounds, where its stereochemistry is crucial for achieving the desired biological activity. Its hydrochloride form enhances solubility, making it more suitable for formulation processes in drug manufacturing. Researchers also explore its potential in designing novel therapeutic agents due to its structural versatility and pharmacological relevance.