This compound is primarily utilized in the pharmaceutical industry as a chiral intermediate in the synthesis of various active pharmaceutical ingredients (APIs). Its stereospecific structure makes it valuable for producing enantiomerically pure drugs, particularly those targeting the central nervous system. It is often employed in the development of antidepressants, anxiolytics, and other neuropharmacological agents due to its ability to interact with specific receptors in the brain. Additionally, it serves as a building block in organic synthesis, enabling the creation of complex molecules with high precision. Its hydrochloride form enhances stability and solubility, making it suitable for formulation processes in drug manufacturing.