This compound is primarily used in the pharmaceutical and chemical synthesis industries as an intermediate in the production of more complex molecules. It plays a significant role in the development of active pharmaceutical ingredients (APIs), particularly in the synthesis of drugs targeting neurological disorders and other therapeutic areas. Its chiral structure makes it valuable for creating enantiomerically pure compounds, which are crucial for ensuring the efficacy and safety of medications. Additionally, it is utilized in research and development for studying biochemical pathways and designing novel drug candidates.