This compound is primarily utilized in the pharmaceutical industry as a key intermediate in the synthesis of various therapeutic agents. Its unique stereochemistry and functional groups make it valuable for the production of drugs targeting neurological disorders, particularly those involving the modulation of neurotransmitter systems. It is often employed in the development of medications for conditions such as depression, anxiety, and cognitive impairments. Additionally, its structural properties allow it to serve as a building block in the creation of complex molecules with potential antiviral or antibacterial activities. Researchers also explore its use in designing novel compounds for treating chronic pain and inflammation, leveraging its ability to interact with specific biological pathways.