Used primarily as a pharmaceutical intermediate in the synthesis of active pharmaceutical ingredients (APIs), particularly in the development of central nervous system (CNS) agents. It serves as a key building block in the production of certain antidepressants and anxiolytic drugs due to its structural similarity to biologically active phenethylamine derivatives. The compound is also employed in research settings for the preparation of novel amine-containing molecules for biological screening. Its hydrochloride salt form enhances stability and solubility, making it suitable for use in various reaction conditions during drug development processes.