This compound is primarily utilized in the pharmaceutical industry as an intermediate in the synthesis of various active pharmaceutical ingredients (APIs). Its chiral structure makes it valuable for the development of enantiomerically pure drugs, particularly in the production of compounds targeting the central nervous system. It is often employed in the preparation of antipsychotic and antidepressant medications, where the specific stereochemistry is crucial for efficacy. Additionally, it serves as a building block in organic synthesis for creating complex molecules with potential therapeutic applications. Its stability and reactivity under controlled conditions make it a preferred choice in medicinal chemistry research and drug development processes.