Used primarily in pharmaceutical research, it serves as a key intermediate in the synthesis of various bioactive compounds. Its chiral structure makes it valuable in the development of enantiomerically pure drugs, particularly those targeting neurological and cardiovascular systems. Additionally, it is employed in the production of ligands for asymmetric catalysis, enhancing the efficiency of chemical reactions in organic synthesis. Its application extends to the study of receptor interactions, aiding in the design of more effective therapeutic agents.