This compound is commonly utilized in the pharmaceutical industry as a chiral intermediate in the synthesis of various active pharmaceutical ingredients (APIs). It plays a crucial role in the production of drugs that require specific stereochemistry to achieve desired therapeutic effects, particularly in medications targeting the central nervous system. Its enantiomeric purity is essential for ensuring the efficacy and safety of the final drug product. Additionally, it may be employed in research and development for studying receptor interactions and pharmacological activities, aiding in the discovery of new therapeutic agents.