This compound is primarily utilized in the synthesis of pharmaceuticals, particularly in the production of active pharmaceutical ingredients (APIs) for therapeutic drugs. It serves as a chiral building block in the development of medications targeting the central nervous system, such as antidepressants and stimulants. Its stereochemistry is crucial for ensuring the desired biological activity and efficacy of the final drug product. Additionally, it is employed in research settings to study receptor interactions and develop new compounds with potential therapeutic applications. Its role in asymmetric synthesis also makes it valuable in creating enantiomerically pure substances for drug development.