Used primarily in pharmaceutical research, it serves as a chiral intermediate in the synthesis of various bioactive compounds. Its structure is valuable in developing drugs targeting central nervous system disorders, particularly as a building block for potential antidepressants or anxiolytics. The compound's stereochemistry is crucial for creating enantiomerically pure substances, enhancing drug efficacy and reducing side effects. It also finds application in organic synthesis for constructing complex molecules with specific pharmacological properties.