This compound is primarily used in the pharmaceutical industry as an intermediate in the synthesis of various active pharmaceutical ingredients (APIs). It plays a crucial role in the development of drugs targeting neurological disorders, particularly those involving the modulation of neurotransmitter systems. Its structural properties make it a valuable building block for creating molecules with potential therapeutic effects in conditions like epilepsy, Parkinson's disease, and cognitive impairments. Additionally, it is utilized in research settings to study enzyme interactions and develop inhibitors for specific biochemical pathways. Its application extends to the production of chiral compounds, where its stereochemistry is leveraged to achieve high selectivity in drug synthesis.