This compound is primarily utilized in the field of medicinal chemistry as an intermediate in the synthesis of more complex pharmaceutical agents. Its structure is particularly valuable in the development of compounds targeting the central nervous system, where it can be incorporated into molecules designed to interact with specific neurotransmitter receptors. Additionally, it serves as a key building block in the creation of potential therapeutic agents for conditions such as anxiety, depression, and other neurological disorders. Its hydrochloride form enhances its stability and solubility, making it more suitable for various chemical reactions and formulations in drug development processes.