This compound is primarily utilized in the pharmaceutical and chemical research industries as a chiral building block for the synthesis of more complex molecules. Its structure, featuring a furan ring and an amine group, makes it valuable in the development of enantioselective drugs and bioactive compounds. It is often employed in asymmetric synthesis to create intermediates for potential therapeutic agents, particularly in the design of compounds targeting the central nervous system. Additionally, its unique stereochemistry allows for its use in the study of enzyme interactions and receptor binding, aiding in the discovery of new drug candidates.