This compound is primarily utilized in the synthesis of pharmaceutical intermediates, particularly in the development of chiral molecules. Its stereochemistry makes it valuable for creating enantiomerically pure drugs, which are crucial for targeted therapeutic effects with minimal side effects. It is often employed in the production of antiviral and anticancer agents, where precise molecular configuration is essential for efficacy. Additionally, it serves as a building block in organic synthesis for constructing complex cyclic structures, aiding in the discovery of novel bioactive compounds. Its hydrochloride form enhances stability and solubility, making it suitable for various chemical reactions and formulations.