This compound is primarily used in pharmaceutical research and development, particularly in the synthesis of chiral molecules. Its structure makes it a valuable intermediate in the creation of biologically active compounds, especially those targeting the central nervous system. It is often employed in the study of receptor-binding activities and the development of potential therapeutic agents for neurological disorders. Additionally, its chiral nature allows for the exploration of enantioselective reactions, which are crucial in designing drugs with higher efficacy and reduced side effects.