This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various pharmaceuticals. It plays a significant role in the development of drugs targeting central nervous system disorders, including neurological and psychiatric conditions. Its structural properties make it valuable for creating compounds with potential therapeutic effects, particularly in modulating neurotransmitter systems. Additionally, it is employed in research focused on designing and optimizing drug candidates with improved efficacy and safety profiles. Its application extends to the production of chiral molecules, where its stereochemistry is leveraged to achieve high selectivity in drug synthesis.