Used primarily in the synthesis of pharmaceuticals, this compound serves as a chiral building block in the production of various drugs. Its structure is particularly valuable in creating molecules with specific stereochemical configurations, which are crucial for the efficacy and safety of medications. It is often employed in the development of central nervous system (CNS) drugs, including those targeting neurological disorders. Additionally, it finds application in research settings for studying receptor interactions and enzyme mechanisms, aiding in the discovery of new therapeutic agents.