Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various bioactive molecules. Its chiral structure makes it valuable in the production of enantiomerically pure drugs, particularly those targeting the central nervous system. It is also employed in the study of receptor-ligand interactions, aiding in the design of more effective and selective therapeutic agents. Additionally, it finds application in asymmetric synthesis, contributing to the creation of complex organic molecules with high stereochemical control.