This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of active pharmaceutical ingredients (APIs) and intermediates. Its chiral structure makes it valuable in the design of enantioselective drugs, where specific stereochemistry is crucial for biological activity. It is often employed in the preparation of compounds targeting neurological disorders, such as Parkinson's disease or Alzheimer's, due to its potential to interact with central nervous system receptors. Additionally, it serves as a building block in organic synthesis for creating complex molecules with therapeutic potential. Its application extends to medicinal chemistry for optimizing drug candidates with improved efficacy and reduced side effects.