Used as a chiral building block in the synthesis of pharmaceuticals, particularly in the development of drugs targeting the central nervous system. It serves as a key intermediate in the production of enantiomerically pure compounds, enhancing the efficacy and reducing side effects of medications. Additionally, it is employed in asymmetric catalysis to create complex molecules with high stereochemical control, which is crucial in fine chemical and agrochemical industries. Its role in organic synthesis also extends to the preparation of ligands for metal complexes, which are used in various catalytic processes.