This compound is primarily utilized in the synthesis of pharmaceutical agents, particularly in the development of chiral molecules. Its structure makes it a valuable intermediate in the production of drugs targeting the central nervous system, such as antipsychotics and antidepressants. Additionally, it is employed in organic chemistry research for the preparation of complex pyrrolidine derivatives, which are often explored for their biological activity. The compound's chiral nature also makes it useful in asymmetric synthesis, aiding in the creation of enantiomerically pure substances.