This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of biologically active molecules. It is particularly significant in the development of pharmaceutical agents targeting neurological disorders. Its structural features make it a valuable building block for designing compounds that interact with specific receptors in the central nervous system, potentially aiding in the treatment of conditions such as anxiety, depression, or neurodegenerative diseases. Additionally, its chiral nature allows for the exploration of enantioselective interactions, which is crucial for optimizing drug efficacy and reducing side effects. Researchers also leverage its properties in studying enzyme inhibition and receptor binding mechanisms, contributing to the advancement of drug discovery processes.