Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). Its chiral structure makes it valuable in the production of enantiomerically pure drugs, particularly those targeting central nervous system disorders. It is also employed in the development of antihistamines and other therapeutic agents due to its ability to interact with specific biological receptors. Additionally, it finds application in organic synthesis for creating complex molecules with potential pharmacological activity.