This compound is primarily utilized in the synthesis of pharmaceuticals, particularly in the development of drugs targeting neurological disorders. It serves as a key intermediate in the production of compounds that modulate neurotransmitter activity, aiding in the treatment of conditions like depression and anxiety. Additionally, it is employed in the creation of peptide-based therapeutics, where its structure contributes to the stability and bioactivity of the final product. In research, it is used to study enzyme inhibition and receptor binding mechanisms, providing insights into biochemical pathways. Its application extends to the development of chiral catalysts in asymmetric synthesis, enhancing the efficiency of producing enantiomerically pure substances.