Used primarily in the pharmaceutical industry as a chiral building block for the synthesis of various active pharmaceutical ingredients (APIs). Its stereochemistry makes it valuable in creating enantiomerically pure compounds, which are crucial for drugs with specific biological activity. It is often employed in the development of central nervous system (CNS) drugs, including those targeting neurological disorders. Additionally, it serves as an intermediate in the production of ligands for asymmetric catalysis, enhancing the efficiency of chemical reactions in drug manufacturing. Its unique structure also contributes to the development of novel therapeutic agents with improved efficacy and reduced side effects.