Used in pharmaceutical research as a chiral building block for synthesizing biologically active compounds. Its structure is valuable in developing drugs targeting the central nervous system, particularly for neurological disorders. The compound’s chiral nature allows for the creation of enantiomerically pure substances, enhancing drug efficacy and reducing side effects. It is also employed in the development of prodrugs, where its ester group can be hydrolyzed to release active therapeutic agents. Additionally, it serves as an intermediate in organic synthesis for creating complex molecules with potential therapeutic applications.