This compound is primarily used in the pharmaceutical industry as a chiral building block for the synthesis of various drugs. It serves as an intermediate in the production of active pharmaceutical ingredients (APIs), particularly those requiring enantiomeric purity. Its chiral nature makes it valuable in the development of medications targeting specific biological pathways, such as central nervous system (CNS) drugs, where stereochemistry plays a critical role in efficacy and safety. Additionally, it is utilized in research and development for studying receptor interactions and designing new therapeutic agents with improved selectivity and reduced side effects.