This compound is primarily used in the pharmaceutical industry as a chiral building block for the synthesis of various active pharmaceutical ingredients (APIs). Its stereochemistry makes it valuable in the development of enantiomerically pure drugs, particularly those targeting the central nervous system. It is often employed in the production of medications for neurological disorders, such as antidepressants, antipsychotics, and anti-anxiety drugs. Additionally, its methoxyethoxy group enhances solubility and bioavailability, making it a useful component in drug formulation. Researchers also utilize it in organic synthesis to create complex molecules with specific biological activities.