This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various pharmaceutical agents. Its structure, featuring both amino and hydroxyl functional groups, makes it a versatile building block for the development of drugs targeting neurological disorders, particularly those involving neurotransmitter modulation. It is often employed in the preparation of pyrrolidine-based compounds that exhibit activity as enzyme inhibitors or receptor ligands. Additionally, its chiral centers allow for the creation of enantiomerically pure substances, which are crucial for ensuring the efficacy and safety of therapeutic molecules. The compound is also explored in the design of prodrugs, where it can enhance the bioavailability or stability of active pharmaceutical ingredients.