Used in pharmaceutical synthesis as a chiral building block for developing active pharmaceutical ingredients (APIs), particularly in the production of central nervous system (CNS) agents. Its stereochemistry makes it valuable in creating enantioselective drugs where specific biological activity is required. Commonly employed in the development of antidepressants, antipsychotics, and cognitive enhancers due to its structural similarity to neuroactive compounds. Also utilized in asymmetric synthesis and catalysis in medicinal chemistry research.