This compound is primarily utilized in the field of pharmaceutical research and development, particularly in the synthesis of biologically active molecules. It serves as a key intermediate in the production of various piperazine-based compounds, which are often explored for their potential therapeutic properties. Its structure is valuable in the design and creation of drug candidates targeting neurological disorders, such as anxiety, depression, and schizophrenia, due to the piperazine moiety's ability to interact with neurotransmitter receptors. Additionally, it is employed in the preparation of chiral molecules, where its stereochemistry plays a crucial role in achieving enantioselective synthesis. Its application extends to medicinal chemistry, where it aids in the optimization of drug-like properties, including bioavailability and metabolic stability.