This compound is primarily utilized in the field of medicinal chemistry and drug development. It serves as a key intermediate in the synthesis of more complex molecules, particularly those targeting malaria and other parasitic infections. Its structural similarity to quinine derivatives makes it valuable for research into antimalarial agents, helping to explore new mechanisms of action or improve existing treatments. Additionally, it is used in asymmetric synthesis and catalysis, where its chiral properties aid in the production of enantiomerically pure compounds. This is particularly important in the pharmaceutical industry, where the stereochemistry of a drug can significantly impact its efficacy and safety.