This chemical is primarily utilized in the pharmaceutical industry as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). It is particularly significant in the development of drugs targeting the central nervous system, where its structural properties contribute to the efficacy and selectivity of the final compounds. Additionally, it is employed in the production of certain antipsychotic and antidepressant medications, where its chiral nature plays a crucial role in enhancing therapeutic outcomes. Its application also extends to research settings, where it serves as a building block in the study of novel drug candidates and their pharmacological properties.