This compound is primarily used in the pharmaceutical industry as a chiral building block for the synthesis of various active pharmaceutical ingredients (APIs). Its structure, featuring a phenoxy group and an amine functionality, makes it valuable in creating molecules with specific stereochemistry, which is crucial for drug efficacy and safety. It is often employed in the development of drugs targeting central nervous system disorders, such as antidepressants and antipsychotics, due to its ability to interact with neurotransmitter systems. Additionally, it serves as an intermediate in the production of agrochemicals, particularly in the synthesis of herbicides and pesticides, where its chiral nature enhances the selectivity and potency of the final product.