This compound is primarily utilized in the pharmaceutical industry as a chiral building block for the synthesis of various active pharmaceutical ingredients (APIs). Its enantiomeric purity makes it valuable in the development of drugs that require specific stereochemistry for optimal efficacy, particularly in central nervous system (CNS) therapies and receptor-targeted medications. Additionally, it serves as an intermediate in the preparation of ligands for asymmetric catalysis, enhancing the efficiency of chemical reactions in drug manufacturing. Its application extends to research settings, where it is used to study the pharmacological properties of chiral amines and their interactions with biological systems.