Used primarily in pharmaceutical research, this compound serves as a chiral intermediate in the synthesis of various active pharmaceutical ingredients (APIs). Its structure is particularly valuable in the development of drugs targeting neurological and cardiovascular disorders. The chiral center allows for the creation of enantiomerically pure compounds, which is crucial for ensuring the efficacy and safety of the final drug product. Additionally, it is employed in the study of receptor binding interactions, aiding in the design of more selective and potent therapeutic agents.