This compound is primarily used in the pharmaceutical and chemical research industries. It serves as a chiral building block in the synthesis of various active pharmaceutical ingredients (APIs), particularly in the development of drugs targeting the central nervous system. Its enantiomeric purity makes it valuable for creating compounds with specific biological activities. Additionally, it is utilized in asymmetric synthesis to produce enantioselective catalysts, aiding in the production of complex molecules with high stereochemical control. Its application extends to the development of ligands for metal-catalyzed reactions, enhancing efficiency and selectivity in organic synthesis processes.