This compound is primarily utilized in the pharmaceutical industry as an intermediate in the synthesis of various active pharmaceutical ingredients (APIs). It plays a crucial role in the production of chiral drugs, particularly those targeting the central nervous system, due to its enantiomeric purity. The compound is often employed in the development of medications for conditions such as depression, anxiety, and other neurological disorders. Its structural properties make it valuable for creating compounds with high specificity and efficacy. Additionally, it is used in research and development for exploring new therapeutic agents and optimizing drug delivery systems.