This compound is primarily utilized in the synthesis of pharmaceuticals, particularly in the development of drugs targeting neurological disorders. Its structure serves as a key intermediate in the production of chiral molecules, which are essential for creating enantiomerically pure medications. It is also employed in the preparation of proline derivatives, which are widely used in peptide synthesis and as catalysts in asymmetric organic reactions. Additionally, it finds applications in research settings for studying enzyme inhibition and receptor binding due to its bioactive properties.