This compound is primarily utilized in the synthesis of pharmaceutical intermediates, particularly in the development of active pharmaceutical ingredients (APIs) for therapeutic drugs. Its structure, featuring both amino and hydroxyl functional groups, makes it a valuable building block in organic synthesis, especially for creating chiral molecules. It is often employed in the production of compounds targeting central nervous system disorders, such as antidepressants or antipsychotics, due to its potential to interact with neurotransmitter systems. Additionally, its halogenated aromatic ring enhances its utility in medicinal chemistry, as it can improve binding affinity and metabolic stability in drug candidates. Researchers also explore its use in asymmetric synthesis to produce enantiomerically pure substances, which are critical for drug efficacy and safety.