This chemical is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of biologically active compounds. It is often employed in the development of pharmaceutical agents, particularly those targeting neurological disorders and inflammatory conditions. Its unique structure allows it to act as a building block for creating molecules with potential therapeutic effects. Additionally, it finds application in research settings for studying enzyme inhibition and receptor modulation, aiding in the discovery of new drugs. Its role in organic synthesis also extends to the production of chiral compounds, where its stereochemistry is leveraged to achieve high enantioselectivity in chemical reactions.