Used primarily in the pharmaceutical industry as a chiral building block for the synthesis of various drugs, particularly those targeting the central nervous system. It serves as a key intermediate in the production of compounds with potential therapeutic effects, such as analgesics and antipsychotics. Additionally, it is employed in the development of enantioselective catalysts for organic synthesis, enhancing the efficiency and specificity of chemical reactions. Its stereochemistry makes it valuable in creating molecules with precise biological activity.