This compound is primarily used in the synthesis of chiral molecules, particularly in the pharmaceutical industry. It serves as a key intermediate in the production of various drugs, including those targeting neurological disorders and cardiovascular diseases. Its chiral nature makes it valuable for creating enantiomerically pure compounds, which are crucial for ensuring the efficacy and safety of medications. Additionally, it is employed in research and development for designing novel therapeutic agents, especially in the field of peptidomimetics and bioactive molecules. Its hydrochloride form enhances solubility, making it more suitable for use in aqueous-based reactions and formulations.