This chemical is primarily used in the synthesis of pharmaceuticals, particularly as an intermediate in the production of specific drugs. It plays a role in the development of compounds targeting neurological and cardiovascular conditions due to its structural properties. Additionally, it is utilized in research settings to study stereochemistry and chiral synthesis, aiding in the creation of enantiomerically pure substances. Its application extends to the field of organic chemistry, where it serves as a building block for complex molecules in drug discovery and development processes.