This chemical is primarily utilized in the synthesis of pharmaceutical compounds, particularly in the development of chiral drugs. Its structure, featuring both amino and hydroxyl groups, makes it a valuable intermediate in the production of active pharmaceutical ingredients (APIs) that require specific stereochemistry for efficacy. It is often employed in the preparation of beta-blockers, which are used to treat cardiovascular conditions such as hypertension and arrhythmias. Additionally, it serves as a building block in the creation of antibiotics and other therapeutic agents, where precise molecular configuration is critical for biological activity. Its hydrochloride form enhances stability and solubility, facilitating its use in various chemical reactions and formulations.