This compound is primarily utilized in the pharmaceutical industry as a chiral building block for the synthesis of various active pharmaceutical ingredients (APIs). Its chiral nature makes it valuable in the production of enantiomerically pure drugs, which are crucial for ensuring efficacy and reducing side effects. It is often employed in the development of cardiovascular and central nervous system (CNS) medications, where stereochemistry plays a significant role in drug activity. Additionally, it serves as an intermediate in organic synthesis, particularly in the preparation of complex molecules requiring precise stereochemical control. Its hydrochloride form enhances stability and solubility, making it suitable for various formulation processes.