Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various bioactive molecules. Its chiral structure makes it valuable in the development of enantioselective drugs, particularly those targeting the central nervous system. It is also explored in the creation of potential therapeutic agents for neurological disorders, such as depression and anxiety, due to its interaction with specific neurotransmitter systems. Additionally, it plays a role in the study of receptor binding mechanisms, aiding in the design of more effective and selective pharmaceuticals.