This compound is primarily used in pharmaceutical research and development, particularly in the synthesis of chiral molecules. It serves as a key intermediate in the production of active pharmaceutical ingredients (APIs) that target neurological and cardiovascular systems. Its chiral nature makes it valuable for creating enantiomerically pure drugs, which can enhance efficacy and reduce side effects. Additionally, it is utilized in the study of receptor binding activities and the development of novel therapeutic agents, especially those related to serotonin and dopamine pathways. Its application extends to preclinical studies for evaluating pharmacokinetics and pharmacodynamics of potential drug candidates.