Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of active pharmaceutical ingredients (APIs). It plays a significant role in the production of drugs targeting central nervous system disorders, such as antipsychotics and antidepressants. Its chiral structure makes it valuable for creating enantiomerically pure compounds, enhancing the efficacy and safety of the final drug product. Additionally, it is utilized in research and development for designing novel therapeutic agents, especially in medicinal chemistry.