This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of complex molecules. Its unique structure makes it valuable for constructing frameworks in pharmaceuticals, particularly in the development of drugs targeting the central nervous system. Additionally, it is employed in the creation of agrochemicals, contributing to the synthesis of compounds that enhance crop protection and yield. The stereochemistry of the compound also plays a crucial role in its application, enabling the production of enantiomerically pure substances, which are essential in achieving specific biological activities.