This chemical is primarily utilized in pharmaceutical research and development, particularly in the synthesis of chiral compounds. Its role as a chiral building block is crucial in creating enantiomerically pure drugs, which can enhance efficacy and reduce side effects. It is often employed in the preparation of active pharmaceutical ingredients (APIs) for treatments targeting central nervous system disorders, such as antidepressants and antipsychotics. Additionally, it serves as a key intermediate in organic synthesis for producing complex molecules with specific stereochemical configurations. Its application extends to medicinal chemistry, where it aids in the design and optimization of drug candidates with improved pharmacological properties.