Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various biologically active molecules. Its structure, featuring both amino and hydroxyl groups, makes it a versatile building block for creating compounds with potential therapeutic applications. It is particularly valuable in the design of drugs targeting the central nervous system, as the tetrahydro-2H-pyran moiety can enhance blood-brain barrier penetration. Additionally, it is utilized in the development of small molecule inhibitors and modulators for enzymes and receptors, contributing to advancements in medicinal chemistry. Its application extends to the production of specialty chemicals and fine chemicals used in diverse industrial processes.