This compound is primarily used in the pharmaceutical industry as an intermediate in the synthesis of various active pharmaceutical ingredients (APIs). It plays a crucial role in the development of drugs targeting neurological disorders, particularly those related to dopamine regulation. Its structural properties make it valuable for creating enantiomerically pure compounds, which are essential for ensuring the efficacy and safety of medications. Additionally, it is utilized in research settings to study the biochemical pathways and receptor interactions associated with neurodegenerative diseases. Its application extends to the production of chiral catalysts, which are important in asymmetric synthesis for creating complex molecules with high precision.