Used in organic synthesis as a chiral intermediate for pharmaceuticals, particularly in the development of beta-adrenergic receptor agonists and antagonists. Its stereochemistry makes it valuable in asymmetric synthesis for producing enantiomerically pure drugs. Commonly employed in the preparation of cardiovascular medications and central nervous system agents due to its ability to selectively bind to specific receptor subtypes. Also utilized in research settings for probing biological pathways involving adrenergic signaling.