Used primarily in the pharmaceutical industry as a key intermediate in the synthesis of various bioactive compounds. It plays a significant role in the development of drugs targeting central nervous system disorders, such as antidepressants and antipsychotics. Its structure is particularly valuable in creating enantiomerically pure substances, which are crucial for enhancing the efficacy and reducing the side effects of therapeutic agents. Additionally, it is employed in research settings to study receptor-ligand interactions and to design novel molecules with potential therapeutic applications.