Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs) where its structure supports the formation of complex nitrogen-containing compounds. Its hydroxyl and amine functionalities make it valuable in medicinal chemistry for creating derivatives with biological activity. It is also employed in the preparation of catalysts and ligands for asymmetric synthesis, contributing to the production of enantiomerically pure compounds. Additionally, it finds use in research settings for designing new molecules in drug discovery programs.