This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of pharmacologically active molecules. Its structure, featuring both benzyl and methyl amino groups, makes it a valuable building block for developing compounds with potential therapeutic effects, particularly in targeting neurological disorders. It is often employed in the creation of chiral ligands and catalysts for asymmetric synthesis, which are crucial in producing enantiomerically pure drugs. Additionally, its unique stereochemistry allows it to serve as a precursor in the design of peptide mimetics and enzyme inhibitors, contributing to advancements in drug discovery and development.