Used in the synthesis of chiral pharmaceuticals, particularly as an intermediate in the production of active pharmaceutical ingredients (APIs) requiring enantiomeric purity. Its chiral amine functionality makes it valuable in asymmetric synthesis and catalysis. Commonly employed in the development of central nervous system agents and cardiovascular drugs due to its structural similarity to bioactive phenethylamines. Also utilized in the preparation of ligands for enantioselective transformations in medicinal chemistry research.