This compound is primarily utilized in the pharmaceutical industry as an intermediate in the synthesis of active pharmaceutical ingredients (APIs). Its chiral structure makes it valuable in the production of enantiomerically pure drugs, particularly those targeting neurological and cardiovascular conditions. It is often employed in the development of medications that require specific stereochemistry to achieve desired therapeutic effects. Additionally, it can be used in research settings for studying receptor interactions and drug metabolism due to its unique structural properties. Its application extends to the preparation of compounds with potential anti-inflammatory or analgesic properties.