This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of complex organic molecules. It serves as a key intermediate in the production of active pharmaceutical ingredients (APIs) that target various therapeutic areas, including central nervous system disorders and cardiovascular diseases. Its chiral structure makes it valuable in the creation of enantiomerically pure compounds, enhancing the efficacy and safety of the resulting drugs. Additionally, it is employed in medicinal chemistry for the design and optimization of drug candidates, contributing to the development of novel treatments with improved pharmacological profiles.