This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various pharmacologically active molecules. Its structure is particularly valuable in the development of central nervous system (CNS) drugs, where it serves as a building block for compounds targeting neurological disorders such as depression, anxiety, and cognitive impairments. Additionally, its chiral nature makes it useful in the production of enantiomerically pure drugs, enhancing their efficacy and reducing potential side effects. Researchers also explore its potential in designing novel ligands for receptor studies, aiding in the understanding of biochemical pathways and drug-receptor interactions.