Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). It is particularly valuable in the development of chiral drugs, where its stereochemistry plays a crucial role in enhancing the efficacy and reducing side effects of the final product. Additionally, it is employed in the preparation of ligands for asymmetric catalysis, aiding in the production of enantiomerically pure compounds. Its application extends to the field of medicinal chemistry, where it is utilized in the design and optimization of drug candidates targeting neurological and psychiatric disorders.