This chemical is primarily utilized in the pharmaceutical industry as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). It plays a crucial role in the development of drugs targeting central nervous system disorders, including antidepressants and antipsychotics. Its chiral structure is particularly valuable in creating enantiomerically pure compounds, which are essential for ensuring the efficacy and safety of therapeutic agents. Additionally, it is employed in research and development for designing novel compounds with potential therapeutic applications, particularly in the field of neuropharmacology.