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 active pharmaceutical ingredients (APIs) that target neurological disorders. Its chiral nature makes it valuable for creating enantiomerically pure drugs, which can enhance efficacy and reduce side effects. Additionally, it is employed in the study of receptor binding interactions, aiding in the design of drugs that modulate neurotransmitter systems. Its stability and reactivity under various conditions make it a versatile tool in medicinal chemistry.