Used as a chiral building block in the synthesis of pharmaceuticals, particularly in the development of active ingredients for central nervous system drugs. Its stereochemistry makes it valuable for creating enantiomerically pure compounds, improving drug efficacy and reducing side effects. Commonly employed in the production of nootropics and cognitive enhancers due to its structural similarity to natural neurotransmitters. Also utilized in research settings for asymmetric synthesis and development of novel bioactive molecules.