Used as an intermediate in the synthesis of pharmaceuticals, particularly in the production of local anesthetics and active pharmaceutical ingredients (APIs) with central nervous system activity. It also serves as a building block in agrochemicals, contributing to the development of certain pesticides and herbicides. Due to its structural configuration, it is valuable in chiral synthesis and asymmetric catalysis processes in research and industrial settings. Additionally, it functions as a ligand or auxiliary in organometallic reactions, enhancing selectivity in complex organic transformations.