This chemical is primarily utilized in the synthesis of pharmaceutical compounds, particularly in the development of active pharmaceutical ingredients (APIs). It serves as a key intermediate in the production of drugs that target central nervous system disorders, including anxiety and depression. Its structure is valuable for creating compounds with specific stereochemistry, which is crucial for achieving desired biological activity. Additionally, it is employed in research and development for designing novel therapeutic agents, especially in the field of medicinal chemistry. Its role in facilitating the creation of complex molecules makes it a valuable component in drug discovery processes.