This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of biologically active molecules. It serves as a key intermediate in the production of compounds that target specific receptors or enzymes in the body, often for therapeutic purposes. Its structure is valuable in creating drugs that may have applications in treating neurological disorders, cardiovascular diseases, or other conditions where modulation of specific pathways is required. Additionally, it is used in the study of chiral chemistry, as its (R)-enantiomer form can influence the efficacy and safety of the resulting drug candidates. Researchers also employ it in the development of novel chemical entities for preclinical and clinical studies.