This compound is primarily utilized in the synthesis of pharmaceutical agents, particularly in the development of drugs targeting neurological and cardiovascular conditions. Its chiral structure makes it valuable for creating enantiomerically pure substances, which are crucial for enhancing drug efficacy and reducing side effects. Additionally, it serves as a key intermediate in the production of beta-blockers, which are widely used to manage hypertension and heart-related disorders. Its cyclohexyl group contributes to the stability and bioavailability of the resulting compounds, making it a preferred choice in medicinal chemistry. Beyond pharmaceuticals, it is also explored in research for designing novel bioactive molecules with potential therapeutic applications.