This compound is primarily utilized in the synthesis of pharmaceuticals, particularly in the development of central nervous system (CNS) drugs. It serves as a key intermediate in the production of compounds that target neurological disorders, such as depression, anxiety, and ADHD. Its chiral structure is significant in creating enantiomerically pure drugs, which often exhibit enhanced efficacy and reduced side effects. Additionally, it is employed in research settings to study neurotransmitter activity and receptor interactions, aiding in the discovery of novel therapeutic agents. Its role in organic synthesis also extends to the creation of complex molecules for medicinal chemistry applications.