This compound is primarily utilized in the synthesis of chiral intermediates for pharmaceutical applications. Its stereochemistry makes it valuable in the production of enantiomerically pure drugs, particularly those targeting neurological and cardiovascular systems. It serves as a key building block in the development of β-blockers and other adrenergic receptor antagonists. Additionally, it is employed in the preparation of antimicrobial agents and antifungal compounds, leveraging its amino alcohol functionality. In research, it is used as a precursor for studying enzyme inhibition and receptor binding mechanisms due to its structural similarity to natural amino alcohols. Its hydrochloride form enhances solubility, making it suitable for various formulation processes in drug development.