This compound is primarily utilized in the pharmaceutical industry as a key intermediate in the synthesis of various bioactive molecules and drug candidates. Its structure, featuring both amino and hydroxyl functional groups, makes it a versatile building block for the development of compounds targeting neurological and cardiovascular disorders. It is often employed in the production of inhibitors and modulators for enzymes and receptors, particularly in the design of drugs that interact with the central nervous system. Additionally, its chiral centers allow for the creation of enantiomerically pure substances, which are crucial for achieving specific pharmacological effects. The compound’s stability and reactivity also make it suitable for use in organic synthesis and medicinal chemistry research.