Used in the synthesis of pharmaceutical intermediates, particularly in the production of chiral compounds for central nervous system agents. It serves as a building block in asymmetric synthesis due to its chiral amino alcohol structure, enabling the development of enantioselective drugs. Commonly applied in research for developing antidepressants and anxiolytic medications owing to its structural similarity to bioactive phenethylamines. Also utilized in the preparation of ligands for catalytic enantioselective reactions in medicinal chemistry.