Used primarily in pharmaceutical research and development, it serves as a key intermediate in the synthesis of various bioactive compounds. Its structure is particularly valuable in the creation of drug candidates targeting neurological disorders, such as Alzheimer’s disease and other cognitive impairments. Additionally, it is employed in the development of enzyme inhibitors and receptor modulators, contributing to advancements in medicinal chemistry. Its hydrochloride form enhances stability and solubility, making it suitable for experimental and industrial applications.