This chemical is primarily utilized in the pharmaceutical industry as a key intermediate in the synthesis of various drugs, particularly those targeting neurological and cardiovascular conditions. Its chiral structure makes it valuable for producing enantiomerically pure compounds, which are crucial for ensuring the efficacy and safety of medications. Additionally, it is employed in the development of active pharmaceutical ingredients (APIs) that require precise stereochemistry for optimal biological activity. Its application extends to research and development, where it serves as a building block for novel therapeutic agents.