This compound is primarily utilized in the synthesis of chiral molecules, particularly in the pharmaceutical industry, where it serves as a key intermediate for producing enantiomerically pure drugs. Its chiral nature makes it valuable in the development of active pharmaceutical ingredients (APIs) that require high stereochemical specificity. Additionally, it is employed in organic synthesis for constructing complex molecules, especially in asymmetric synthesis, where it acts as a building block or chiral auxiliary. Its hydrochloride form enhances solubility and stability, making it suitable for various chemical reactions and formulations.