This chemical is primarily utilized in the pharmaceutical industry as a key intermediate in the synthesis of complex organic compounds, particularly those with therapeutic potential. Its unique stereochemistry and structural features make it a valuable building block for creating molecules that interact with biological systems. It is often employed in the development of drugs targeting the central nervous system, where its indole-based structure can mimic natural neurotransmitters or modulate receptor activity. Additionally, its diphenyl groups contribute to its ability to enhance the stability and bioavailability of the final drug product. Researchers also explore its use in asymmetric synthesis, leveraging its chiral centers to produce enantiomerically pure compounds for advanced medicinal chemistry applications.