This compound is primarily used in the synthesis of chiral catalysts and ligands, which are essential in asymmetric synthesis for producing enantiomerically pure pharmaceuticals. Its chiral structure makes it valuable in the development of drugs where specific stereochemistry is crucial for biological activity. Additionally, it serves as a building block in organic chemistry for the preparation of more complex molecules, particularly in the field of medicinal chemistry. The hydrochloride form enhances its stability and solubility, making it easier to handle in various chemical reactions.