This compound is primarily utilized in the pharmaceutical and chemical research sectors. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting neurological and psychiatric disorders. Its structure is often employed in the development of chiral ligands for asymmetric catalysis, which is crucial in producing enantiomerically pure compounds used in drug manufacturing. Additionally, it finds application in the study of enzyme inhibitors and receptor modulators, aiding in the discovery of new therapeutic agents. Its unique stereochemistry also makes it valuable in material science for designing advanced polymers with specific optical properties.