Used in the synthesis of pharmaceutical intermediates, particularly in the development of chiral compounds for cardiovascular and central nervous system drugs. Its enantiomerically pure structure makes it valuable in asymmetric synthesis, where stereochemistry plays a critical role in drug efficacy and safety. Commonly employed in research settings for optimizing reaction pathways in medicinal chemistry. Also serves as a building block in the preparation of bioactive molecules involving chroman scaffolds, which are known for their antioxidant and neuroprotective properties.