Used primarily in the pharmaceutical industry as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). It plays a crucial role in the development of drugs targeting central nervous system disorders, including antidepressants and antipsychotics. The compound’s chiral structure makes it valuable for creating enantiomerically pure substances, enhancing the efficacy and safety of medications. Additionally, it is utilized in research for designing novel therapeutic agents due to its ability to interact with specific biological targets. Its application extends to fine chemical synthesis, where it contributes to the production of complex organic molecules with high precision.