Used in the synthesis of pharmaceuticals, particularly as a chiral building block for drugs targeting neurological and cardiovascular conditions. Its structure supports the development of compounds with high selectivity and activity, especially in inhibitors or receptor modulators. Commonly employed in research for creating enantiomerically pure substances due to its stereochemical purity. Also utilized in the preparation of peptidomimetics and enzyme inhibitors where phenolic and amino functionalities are required for biological interaction.