This compound is primarily utilized in the synthesis of pharmaceuticals, particularly in the production of adrenergic agents. It serves as a key intermediate in the creation of adrenergic drugs used to treat conditions like hypertension, asthma, and nasal congestion. Its chiral structure is crucial for the development of enantiomerically pure medications, ensuring higher efficacy and reduced side effects. Additionally, it finds application in research settings for studying receptor interactions and developing novel therapeutic compounds.