This compound is primarily utilized in the synthesis of various pharmaceuticals, particularly those targeting neurological and cardiovascular disorders. Its structure serves as a key intermediate in the production of chiral drugs, enhancing their efficacy and specificity. Additionally, it is employed in the development of bioactive molecules for research purposes, aiding in the study of enzyme interactions and receptor binding. The compound's unique stereochemistry also makes it valuable in asymmetric synthesis, contributing to the creation of complex organic molecules with high enantiomeric purity.