This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of active pharmaceutical ingredients (APIs). It serves as a key intermediate in the production of drugs targeting neurological and psychiatric disorders, such as antidepressants and antipsychotics. Its chiral (S)-configuration makes it valuable for creating enantiomerically pure compounds, which are crucial for enhancing drug efficacy and reducing side effects. Additionally, it is employed in the study of receptor binding and enzyme inhibition, aiding in the discovery of new therapeutic agents. Its application extends to organic synthesis, where it is used to build complex molecules with specific biological activities.