This compound is primarily utilized in the field of medicinal chemistry as a precursor or intermediate in the synthesis of various pharmaceuticals. It plays a significant role in the development of compounds targeting the central nervous system, particularly in the creation of drugs that interact with neurotransmitter systems. Its structural features make it valuable for designing molecules with potential therapeutic effects, such as those used in treating neurological disorders or mental health conditions. Additionally, it may be employed in research settings to study biochemical pathways or to develop novel bioactive molecules. Its hydrochloride form enhances stability and solubility, making it suitable for experimental and industrial applications.