This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of active pharmaceutical ingredients (APIs). It serves as a key intermediate in the production of drugs targeting the central nervous system, such as those used for treating neurological disorders or psychiatric conditions. Its chiral structure makes it valuable in the creation of enantiomerically pure compounds, which are critical for ensuring the efficacy and safety of therapeutic agents. Additionally, it is explored in the development of receptor-specific ligands, contributing to advancements in drug discovery and precision medicine.