This compound is primarily utilized in the pharmaceutical and research sectors. It serves as a key intermediate in the synthesis of various bioactive molecules, particularly those targeting neurological and psychiatric disorders. Its chiral structure makes it valuable in the development of enantioselective drugs, enhancing therapeutic efficacy and reducing side effects. Additionally, it is employed in organic chemistry research for studying reaction mechanisms and developing novel synthetic pathways. Its application extends to the production of ligands for asymmetric catalysis, which is crucial in manufacturing complex organic compounds with high precision.