Used as a key intermediate in the synthesis of certain tricyclic antidepressants and antipsychotic agents. Its chiral structure makes it valuable in producing enantiomerically pure pharmaceuticals, particularly those targeting central nervous system disorders. Commonly employed in research and development for novel neuroactive drugs due to its ability to interact with neurotransmitter receptors such as serotonin and dopamine. Also utilized in medicinal chemistry for structure-activity relationship (SAR) studies to optimize drug efficacy and reduce side effects in psychiatric medications.