Used primarily in pharmaceutical research, this compound serves as an intermediate in the synthesis of various active pharmaceutical ingredients (APIs). Its structure is particularly valuable in the development of compounds targeting the central nervous system, where it can help modulate neurotransmitter activity. Additionally, it finds application in organic chemistry as a building block for more complex molecules, often utilized in the creation of chiral compounds due to its stereochemistry. In medicinal chemistry, it is explored for its potential in designing drugs with improved efficacy and reduced side effects.