This compound is primarily utilized in the synthesis of pharmaceuticals, particularly in the development of central nervous system (CNS) agents. Its structure is key in creating compounds that interact with neurotransmitter systems, making it valuable for research and production of drugs targeting conditions like depression, anxiety, and attention disorders. Additionally, it serves as an intermediate in organic synthesis, aiding in the creation of complex molecules for medicinal chemistry. Its stereochemistry also makes it useful in asymmetric synthesis, contributing to the production of enantiomerically pure substances.