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 certain drugs, including those targeting central nervous system disorders and cardiovascular conditions. Its chiral structure makes it valuable for creating enantiomerically pure compounds, which are essential for enhancing drug efficacy and reducing side effects. Additionally, it is employed in the study of receptor binding and enzyme inhibition, aiding in the discovery of new therapeutic agents. Its applications also extend to organic synthesis, where it is used to build complex molecules with specific biological activities.