This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of chiral molecules. It serves as a key intermediate in the production of various biologically active compounds, including potential drug candidates. Its chiral nature makes it valuable in the creation of enantiomerically pure substances, which are critical in the development of drugs with specific therapeutic effects and reduced side effects. Additionally, it is employed in organic synthesis to construct complex molecular structures, often contributing to the study of receptor-ligand interactions and the optimization of drug efficacy. Its hydrochloride form enhances stability and solubility, making it more practical for use in laboratory settings.