Used primarily in pharmaceutical research, it serves as a key intermediate in the synthesis of complex organic compounds. Its unique structure is valuable in the development of chiral molecules, which are crucial for creating enantiomerically pure drugs. This compound is also employed in studies related to enzyme inhibition and receptor binding, aiding in the discovery of new therapeutic agents. Additionally, it finds application in organic synthesis for constructing nitrogen-containing heterocycles, which are important in medicinal chemistry and drug design.