This chemical is primarily utilized in the pharmaceutical industry as an intermediate in the synthesis of various active pharmaceutical ingredients (APIs). Its structure is particularly valuable in the development of compounds targeting the central nervous system, such as antipsychotic and antidepressant drugs. The presence of the piperazine ring and phenyl group allows for interactions with specific biological receptors, making it a key building block in medicinal chemistry. Additionally, it is employed in research settings for the preparation of chiral compounds, leveraging its stereochemistry to produce enantiomerically pure substances. Its application extends to the creation of novel therapeutic agents, contributing to advancements in drug discovery and development.