This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of chiral molecules. It serves as a key intermediate in the production of various bioactive compounds, including potential drugs targeting neurological disorders. Its chiral nature makes it valuable in asymmetric synthesis, enabling the creation of enantiomerically pure substances. Additionally, it is explored in the development of peptide mimetics and other therapeutic agents due to its structural compatibility with biological systems. Its hydrochloride form enhances solubility, facilitating its use in experimental formulations and drug delivery systems.