This compound is primarily used in the synthesis of chiral intermediates for pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs) that require specific stereochemistry. It serves as a key building block in the production of drugs targeting neurological disorders, cardiovascular diseases, and certain types of cancer. Its chiral nature ensures the desired biological activity and efficacy of the final drug product. Additionally, it is employed in peptide synthesis and as a protecting group for amines in organic chemistry, facilitating complex molecular constructions. Its hydrochloride form enhances stability and solubility, making it suitable for various chemical reactions and formulations.