Used as a key chiral intermediate in the synthesis of pharmaceuticals, particularly in the production of active pharmaceutical ingredients (APIs) that require high enantiomeric purity. Its structure supports the development of neuroactive compounds and is often employed in the manufacture of drugs targeting central nervous system disorders. The compound's functional groups allow for easy modification in multi-step syntheses, making it valuable in medicinal chemistry for building complex molecules with specific stereochemistry. It is also utilized in research settings for developing novel therapeutics, especially in areas like cognitive enhancement and neurological disease treatment.