Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). It is particularly valuable in the production of drugs targeting neurological disorders, where its chiral structure plays a critical role in enhancing efficacy and reducing side effects. Additionally, it is employed in the development of antitumor agents, leveraging its ability to interact with specific cellular pathways. Its application extends to the creation of novel compounds for therapeutic use, contributing to advancements in medicinal chemistry and drug discovery.