Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various biologically active molecules. It is particularly valuable in the development of chiral compounds, where its specific stereochemistry plays a crucial role in enhancing the efficacy and selectivity of potential drugs. Additionally, it finds application in the study of receptor-ligand interactions, aiding in the design of new therapeutic agents targeting neurological and psychiatric disorders. Its bromophenyl group also makes it useful in cross-coupling reactions for constructing complex organic frameworks.