Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of centrally acting drugs. Its chiral structure makes it valuable in creating enantioselective therapeutics, especially for neurological and psychiatric disorders. Commonly employed in the production of analgesics and cognitive enhancers due to its ability to modulate neurotransmitter activity. Also utilized in research for designing enzyme inhibitors and receptor ligands targeting dopamine and serotonin systems.