Used as an intermediate in the synthesis of pharmaceutical compounds, particularly in the development of central nervous system agents. It serves as a building block in the production of certain antipsychotics and antidepressants due to its structural similarity to bioactive piperazine derivatives. Also employed in research settings for the design of novel receptor ligands, especially targeting serotonin and dopamine receptors. Its salt form enhances solubility and stability, making it suitable for use in aqueous reaction environments.