Used in the synthesis of pharmaceutical compounds, particularly in the development of drugs targeting neurological disorders. It serves as a chiral building block in asymmetric synthesis, enabling the production of enantiomerically pure substances. Applied in research for creating ligands that interact with specific receptors in the brain, aiding in the study of serotonin and dopamine pathways. Also utilized in the preparation of intermediates for agrochemicals, contributing to the development of pesticides and herbicides. Its role in organic synthesis is crucial for producing complex molecules with high precision and efficiency.