This chemical is primarily used in the pharmaceutical industry as a chiral building block for the synthesis of various drugs. It plays a crucial role in the development of compounds targeting the central nervous system, particularly in the creation of medications for neurological disorders such as Parkinson's disease and Alzheimer's. Additionally, it is utilized in the production of active pharmaceutical ingredients (APIs) that require specific stereochemistry to enhance efficacy and reduce side effects. Its application extends to research and development, where it serves as a key intermediate in the synthesis of novel therapeutic agents.