This compound is primarily used in the pharmaceutical industry as an intermediate in the synthesis of various active pharmaceutical ingredients (APIs). Its structure makes it valuable for developing drugs that target specific biological pathways, particularly in the treatment of neurological disorders and pain management. It is also utilized in research settings to study its potential effects on enzyme inhibition and receptor binding, contributing to the development of novel therapeutic agents. Additionally, its chiral nature allows for the production of enantiomerically pure compounds, which are essential for creating more effective and safer medications.