Used primarily in the pharmaceutical industry as an intermediate in the synthesis of chiral compounds, particularly for developing drugs targeting neurological disorders. Its chiral structure makes it valuable in creating enantiomerically pure substances, which are crucial for enhancing drug efficacy and reducing side effects. Additionally, it is employed in research settings to study receptor interactions and develop therapeutic agents for conditions like depression or anxiety. Its application extends to organic synthesis, where it serves as a building block for complex molecules in medicinal chemistry.