This compound is primarily used 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 and enzyme interactions, aiding in the discovery of new therapeutic agents. Its stability and reactivity also make it suitable for use in organic synthesis and medicinal chemistry projects.