This chemical is primarily utilized in the pharmaceutical industry as a key intermediate in the synthesis of complex therapeutic agents. Its unique stereochemistry makes it particularly valuable in the development of chiral drugs, where specific enantiomers are required for optimal biological activity. It is often employed in the production of medications targeting neurological disorders, as its structure allows for effective interaction with specific receptors in the brain. Additionally, it serves as a building block in the creation of advanced compounds used in cancer research, aiding in the development of targeted therapies. Its application extends to the field of organic synthesis, where it is used to construct intricate molecular frameworks for various research purposes.