This compound is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate or building block in the synthesis of various bioactive molecules, particularly those targeting the central nervous system. Its structure is often explored for the development of potential therapeutic agents, such as antidepressants, antipsychotics, or other neuromodulatory drugs. Additionally, it may be employed in the study of receptor binding and pharmacological activity, aiding in the discovery of new treatments for neurological and psychiatric disorders. Its chiral nature also makes it valuable in asymmetric synthesis and the development of enantioselective drugs.