This compound is primarily utilized in the pharmaceutical industry as an intermediate in the synthesis of various bioactive molecules. Its chiral structure makes it valuable for the production of enantiomerically pure drugs, particularly those targeting neurological and psychiatric disorders. It is often employed in the development of compounds that interact with neurotransmitter systems, such as dopamine and serotonin receptors. Additionally, its bromo and chloro substituents enhance its reactivity, making it a versatile building block in organic synthesis for creating complex molecules with potential therapeutic applications.