This compound is primarily utilized in the field of pharmaceutical research and development. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting the central nervous system. Its structure is often employed in the creation of potential therapeutic agents, including inhibitors or modulators of specific enzymes or receptors. Additionally, it is used in the preparation of chiral compounds, leveraging its stereochemistry to produce enantiomerically pure substances. This makes it valuable in drug discovery processes where precise molecular configurations are critical for efficacy and safety.