This compound is primarily utilized in the pharmaceutical industry as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). Its chiral structure makes it valuable in the development of enantiomerically pure drugs, particularly those targeting the central nervous system. It is often employed in the production of compounds with potential antidepressant or anxiolytic properties. Additionally, it serves as a building block in organic synthesis for creating complex molecules with therapeutic applications. Researchers also explore its use in the design of novel compounds for treating neurological disorders due to its structural similarity to bioactive molecules.