This compound is primarily utilized in the field of pharmaceutical research and development. It serves as a chiral building block in the synthesis of various active pharmaceutical ingredients (APIs), particularly those targeting neurological and psychiatric disorders. Its structure is valuable for creating enantiomerically pure compounds, which are crucial for ensuring the efficacy and safety of drugs. Additionally, it is explored in the study of enzyme inhibitors and receptor modulators, contributing to advancements in medicinal chemistry. Its application also extends to the development of peptide-based therapeutics, where it can be incorporated to enhance specificity and biological activity.