This compound is primarily utilized in the field of pharmaceutical research and development. It serves as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs), particularly those targeting the central nervous system. Its structure is often leveraged in the design of compounds that interact with neurotransmitter systems, making it valuable for developing treatments for neurological and psychiatric disorders. Additionally, it is employed in organic synthesis for creating complex molecules with potential therapeutic applications. Its role in enantioselective synthesis is also notable, as the (S)-configuration is crucial for the biological activity of certain drugs.