This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of active pharmaceutical ingredients (APIs) for therapeutic drugs. It serves as a key intermediate in the production of compounds targeting neurological and psychiatric disorders, such as antidepressants or anxiolytics. Its chiral structure is essential for creating enantiomerically pure drugs, ensuring higher efficacy and reduced side effects. Additionally, it is employed in the study of receptor binding and enzyme interactions, aiding in the discovery of new drug candidates. Its applications also extend to organic synthesis, where it is used to build complex molecules with specific biological activities.