Used primarily in the pharmaceutical industry as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). It plays a crucial role in the development of drugs targeting the central nervous system, particularly in the creation of compounds with potential antidepressant or antipsychotic properties. Its chiral structure makes it valuable for producing enantiomerically pure substances, enhancing the efficacy and reducing side effects of medications. Additionally, it is utilized in organic synthesis for constructing complex molecules in medicinal chemistry research.