This compound is primarily utilized in the pharmaceutical industry as an intermediate in the synthesis of various active pharmaceutical ingredients (APIs). Its structure, featuring a piperazine ring, makes it a valuable building block for developing drugs targeting the central nervous system, particularly in the creation of antipsychotic and antidepressant medications. Additionally, it is employed in the preparation of chiral compounds due to its stereochemistry, which is crucial for producing enantiomerically pure drugs. Its application extends to research and development, where it is used to explore new therapeutic agents and optimize drug efficacy.