Used in the synthesis of biologically active compounds, particularly in pharmaceuticals targeting neurological and psychiatric disorders. Serves as a chiral building block in drug development due to its stereochemistry and functional groups. Its structure supports the creation of enzyme inhibitors and receptor modulators, especially in serotonergic and dopaminergic systems. Also employed in the preparation of intermediates for medicinal chemistry research and in the development of potential treatments for depression, anxiety, and neurodegenerative diseases.