Used as a key chiral intermediate in the synthesis of pharmaceutical agents, particularly in the development of centrally acting drugs. Its structural features make it valuable in creating enantiomerically pure compounds, especially for neurological and psychiatric treatments. Commonly employed in the preparation of serotonin and dopamine modulators due to its ability to mimic natural neurotransmitter scaffolds. Also utilized in medicinal chemistry for structure-activity relationship (SAR) studies, helping optimize drug candidates for improved selectivity and metabolic stability.