This compound is primarily utilized in the pharmaceutical industry as a key intermediate in the synthesis of active pharmaceutical ingredients (APIs). It plays a crucial role in the development of drugs targeting central nervous system disorders, particularly as a precursor in the production of selective serotonin reuptake inhibitors (SSRIs) and other psychoactive medications. Additionally, its chiral structure makes it valuable in the creation of enantiomerically pure compounds, which are essential for ensuring the efficacy and safety of therapeutic agents. Researchers also explore its potential in designing novel compounds for treating bacterial and fungal infections due to its structural properties.