This compound is primarily utilized in the synthesis of chiral intermediates for pharmaceuticals. It serves as a key building block in the production of active pharmaceutical ingredients (APIs) that target neurological and cardiovascular disorders. Its chiral nature makes it valuable in the development of enantiomerically pure drugs, ensuring higher efficacy and reduced side effects. Additionally, it is employed in research settings for studying receptor interactions and drug metabolism, aiding in the design of more effective therapeutic agents. Its application extends to the field of medicinal chemistry, where it is used to explore structure-activity relationships and optimize drug candidates.