Used primarily in the pharmaceutical industry as a chiral building block for the synthesis of various drugs. It is particularly valuable in the production of compounds that require specific stereochemistry to achieve desired biological activity. This chemical is often employed in the development of central nervous system (CNS) drugs, including antidepressants and stimulants, due to its structural similarity to phenylethylamine derivatives. It also serves as an intermediate in the synthesis of active pharmaceutical ingredients (APIs) that target adrenergic and dopaminergic receptors. Additionally, it is utilized in research settings to study the effects of chiral molecules on biological systems.