Used as an intermediate in the synthesis of various pharmaceuticals, particularly in the production of chiral compounds. It plays a role in the development of drugs targeting central nervous system disorders, such as anxiety and depression. Additionally, it is employed in the manufacture of agrochemicals, contributing to the creation of pesticides and herbicides with enhanced efficacy. Its chiral nature makes it valuable in asymmetric synthesis, enabling the production of enantiomerically pure substances. This compound is also utilized in research and development for exploring new organic reactions and catalytic processes.