This compound is primarily utilized in the pharmaceutical industry as an intermediate in the synthesis of various active pharmaceutical ingredients (APIs). It plays a crucial role in the development of medications targeting central nervous system disorders, particularly in the production of analgesics and anti-inflammatory drugs. Its chiral nature makes it valuable in creating enantiomerically pure compounds, which are essential for enhancing drug efficacy and reducing side effects. Additionally, it is employed in research settings for studying receptor interactions and developing new therapeutic agents.