This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of active pharmaceutical ingredients (APIs). It serves as a key intermediate in the production of various therapeutic agents, especially those targeting the central nervous system. Its chiral structure makes it valuable in the development of enantiomerically pure drugs, which can enhance efficacy and reduce side effects. Additionally, it is employed in the creation of ligands for receptor studies, aiding in the understanding of biochemical pathways and drug-receptor interactions. Its application extends to the field of agrochemicals, where it is used in the synthesis of compounds for crop protection and pest control.