Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). It is particularly valuable in the production of drugs targeting central nervous system disorders, such as antidepressants and antipsychotics. Its chiral structure makes it suitable for creating enantiomerically pure compounds, enhancing the efficacy and reducing the side effects of the final drug products. Additionally, it is employed in the development of small molecule inhibitors for therapeutic applications, including oncology and inflammation.