This compound is primarily utilized in the pharmaceutical industry as a chiral intermediate in the synthesis of various drugs. It plays a critical role in the development of enantiomerically pure medications, particularly those targeting neurological and inflammatory conditions. Its structure is valuable for producing active pharmaceutical ingredients (APIs) with high stereochemical purity, ensuring enhanced efficacy and reduced side effects in therapeutic applications. Additionally, it is employed in research settings to study chiral resolution processes and asymmetric synthesis techniques, contributing to advancements in organic chemistry and drug discovery.