This compound is primarily utilized in the pharmaceutical industry as an intermediate in the synthesis of active pharmaceutical ingredients (APIs). It plays a crucial role in the development of drugs targeting neurological disorders, particularly those involving the modulation of neurotransmitter systems. Its structural properties make it valuable for creating molecules that interact with specific receptors in the brain, potentially aiding in the treatment of conditions like Parkinson's disease, depression, or anxiety. Additionally, it may be employed in research settings to study the biochemical pathways and mechanisms of action of related therapeutic agents. Its application is often focused on producing enantiomerically pure compounds, ensuring high efficacy and reduced side effects in the final drug products.