This compound is primarily utilized in the pharmaceutical industry as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). Its chiral structure makes it valuable in the production of enantiomerically pure drugs, particularly those targeting neurological and psychiatric disorders. It is often employed in the development of selective serotonin reuptake inhibitors (SSRIs) and other compounds that modulate neurotransmitter activity. Additionally, its unique chemical properties allow it to act as a building block for creating complex molecules with potential therapeutic effects in treating conditions like depression, anxiety, and chronic pain. Its application in medicinal chemistry highlights its importance in designing drugs with improved efficacy and reduced side effects.