Used primarily in the pharmaceutical industry, it serves as a key intermediate in the synthesis of various drugs, particularly those targeting central nervous system disorders. Its role in the production of anticonvulsants and antipsychotics is significant, as it helps in the formation of active pharmaceutical ingredients. Additionally, it is utilized in research and development for creating novel therapeutic agents, contributing to advancements in medicinal chemistry. Its chiral properties also make it valuable in the study of enantioselective synthesis, aiding in the development of more effective and targeted medications.