Used primarily in pharmaceutical research, this compound serves as a chiral building block in the synthesis of various drugs. Its structure, featuring a trifluoromethoxy group, enhances the biological activity and metabolic stability of the resulting molecules. It is particularly valuable in developing central nervous system (CNS) therapeutics, where its ability to cross the blood-brain barrier is advantageous. Additionally, it is employed in the creation of ligands for receptor studies, aiding in the understanding of neurological pathways and drug-receptor interactions.