This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of active pharmaceutical ingredients (APIs). It serves as a chiral building block in the creation of enantiomerically pure drugs, which are critical for ensuring the desired pharmacological activity and reducing potential side effects. Its structure is often leveraged in the design of compounds targeting central nervous system disorders, such as depression or anxiety, due to its ability to interact with specific neurotransmitter systems. Additionally, it is employed in the study of receptor-binding mechanisms, aiding in the development of more effective and selective therapeutic agents.