This compound is primarily utilized in the pharmaceutical industry as an intermediate in the synthesis of various active pharmaceutical ingredients (APIs). It plays a crucial role in the development of drugs targeting the central nervous system, particularly in the production of compounds with potential antidepressant or anxiolytic properties. Its chiral structure is significant for creating enantiomerically pure substances, which are often required for effective and safe therapeutic agents. Additionally, it may be employed in research settings to study receptor interactions and biochemical pathways related to neurological disorders.