This compound is primarily utilized in the synthesis of various pharmaceutical agents, particularly those targeting neurological and cardiovascular conditions. It serves as a key intermediate in the production of selective serotonin reuptake inhibitors (SSRIs) and other antidepressants, aiding in the modulation of neurotransmitter activity. Additionally, it is employed in the development of vasodilators and antihypertensive drugs, contributing to the regulation of blood pressure and vascular health. Its role in organic synthesis also extends to the creation of chiral compounds, where it acts as a building block for enantioselective reactions. Researchers leverage its structural properties to design and optimize drug molecules with enhanced efficacy and reduced side effects.