Used primarily in the pharmaceutical industry, it serves as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). Its chiral structure makes it valuable in producing enantiomerically pure compounds, which are crucial for drugs with specific biological activity. It is also employed in research and development for creating novel therapeutic agents, particularly in the fields of neurology and psychiatry, where precise molecular configurations are essential for efficacy and safety. Additionally, it finds application in organic synthesis for constructing complex molecules with potential medicinal properties.