This compound is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting the central nervous system. Its structure is often incorporated into the development of receptor ligands, which can be used to study or modulate neurological pathways. Additionally, it has been explored in the creation of potential therapeutic agents for conditions such as anxiety, depression, and neurodegenerative disorders. Its chiral nature makes it valuable in designing enantioselective drugs, ensuring higher specificity and efficacy in targeting desired biological processes.