Used primarily in pharmaceutical research as a chiral intermediate in the synthesis of selective adrenergic receptor modulators. Its structure supports high enantioselectivity, making it valuable for developing active pharmaceutical ingredients targeting cardiovascular and central nervous system disorders. The compound's functional groups allow for coupling reactions and derivatization, facilitating drug optimization in medicinal chemistry. It is also employed in asymmetric synthesis due to the presence of a stereogenic center, enabling the production of single-enantiomer drugs with improved efficacy and reduced side effects.