This compound is primarily utilized in the pharmaceutical industry as an intermediate in the synthesis of various active pharmaceutical ingredients (APIs). Its structural features make it valuable in the development of drugs targeting neurological disorders, particularly those involving the central nervous system. It is often employed in the production of compounds that exhibit potential as receptor modulators or enzyme inhibitors, which can be beneficial in treating conditions like anxiety, depression, or neurodegenerative diseases. Additionally, its chiral nature allows for the creation of enantiomerically pure substances, enhancing the efficacy and specificity of the resulting drugs. Researchers also explore its use in the design of novel therapeutic agents due to its ability to interact with biological targets selectively.