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 various therapeutic agents, especially those targeting the central nervous system (CNS). Its structural features make it valuable for designing molecules with potential antipsychotic, antidepressant, or anxiolytic properties. Additionally, it is employed in asymmetric synthesis and chiral resolution processes due to its stereochemistry, aiding in the creation of enantiomerically pure compounds. Researchers also explore its use in the development of novel drug candidates for treating neurological disorders.