This chemical is primarily used in the pharmaceutical industry as an intermediate in the synthesis of various active pharmaceutical ingredients (APIs). It plays a crucial role in the production of chiral compounds, particularly in the development of drugs targeting neurological and cardiovascular disorders. Its structure is valuable for creating enantiomerically pure substances, which are essential for ensuring the efficacy and safety of medications. Additionally, it is utilized in research and development for designing new therapeutic agents, especially those requiring precise stereochemistry for optimal biological activity.