This compound is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting neurological and cardiovascular disorders. Its structure, featuring a chiral center and dimethoxyphenyl group, makes it valuable for developing enantioselective drugs. Additionally, it is employed in the preparation of compounds with potential antidepressant or antihypertensive properties. Researchers also explore its use in designing ligands for receptor studies, aiding in the understanding of biochemical pathways and drug mechanisms.