Used as a key intermediate in the synthesis of biologically active compounds, particularly in pharmaceuticals targeting central nervous system disorders. Its structural features make it valuable in developing serotonin and norepinephrine reuptake inhibitors. Also employed in the preparation of chiral building blocks for drug development, where the amino alcohol functionality enables coordination in asymmetric catalysis. Commonly found in research related to antidepressants and anxiolytic agents due to its ability to mimic natural neurotransmitters.