This chemical is primarily utilized in the synthesis of pharmaceutical compounds, particularly as a chiral intermediate. Its structure makes it valuable in the production of selective serotonin reuptake inhibitors (SSRIs) and other antidepressants, where its stereochemistry plays a critical role in drug efficacy. Additionally, it is employed in the development of agrochemicals, specifically in creating pesticides and herbicides, due to its ability to interact with specific biological targets in pests. Its application in research also extends to the study of receptor-binding activities, aiding in the discovery of new therapeutic agents.