This compound is primarily utilized in the pharmaceutical industry as a chiral building block for the synthesis of various active pharmaceutical ingredients (APIs). Its structure, featuring a chiral center and methoxy groups, makes it valuable in the development of enantiomerically pure drugs, particularly in the treatment of neurological and cardiovascular disorders. It is also employed in research and development for creating novel compounds with potential therapeutic effects, leveraging its ability to interact with specific biological targets. Additionally, it serves as an intermediate in organic synthesis, contributing to the production of complex molecules in medicinal chemistry.