This compound is primarily utilized in the pharmaceutical industry as a chiral building block for the synthesis of various active pharmaceutical ingredients (APIs). Its stereochemistry makes it valuable in the production of enantiomerically pure drugs, particularly those targeting the central nervous system. It is often employed in the development of beta-adrenergic receptor agonists and antagonists, which are critical in treating cardiovascular and respiratory conditions. Additionally, it serves as an intermediate in the synthesis of compounds with potential analgesic and anti-inflammatory properties. Its hydrochloride form enhances stability and solubility, making it suitable for formulation processes in drug manufacturing.