This compound is primarily utilized in the synthesis of pharmaceutical intermediates, particularly in the development of adrenergic receptor agonists. It plays a crucial role in the production of medications targeting cardiovascular conditions, such as hypertension and heart failure, due to its ability to modulate blood pressure and heart rate. Additionally, it is employed in research settings to study the mechanisms of adrenergic receptors and their role in various physiological processes. Its chiral nature makes it valuable in enantioselective synthesis, ensuring the production of biologically active compounds with high specificity and efficacy.