This compound is primarily utilized in the synthesis of pharmaceuticals, particularly as an intermediate in the production of adrenergic drugs. It plays a crucial role in the development of medications that target the central nervous system, such as those used for treating conditions like hypertension, asthma, and nasal congestion. Additionally, it is employed in research settings to study receptor interactions and develop new therapeutic agents with improved efficacy and reduced side effects. Its chiral structure makes it valuable in creating enantiomerically pure compounds, which are essential for achieving specific pharmacological activities.