This compound is primarily utilized in the pharmaceutical industry as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). Its structural features make it valuable in the development of drugs targeting neurological disorders, particularly those involving the modulation of neurotransmitter systems. It is also employed in the production of compounds with potential anti-inflammatory and analgesic properties. Additionally, its chiral centers are leveraged in asymmetric synthesis to create enantiomerically pure substances, which are crucial for the efficacy and safety of many therapeutic agents. Researchers also explore its use in the development of novel ligands for receptor studies, aiding in the understanding of biochemical pathways and drug discovery.