This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of active pharmaceutical ingredients (APIs). It serves as a chiral building block in the production of various drugs, especially those targeting the central nervous system. Its structure is valuable for creating molecules with specific stereochemistry, which is crucial for enhancing drug efficacy and reducing side effects. Additionally, it is employed in the development of enzyme inhibitors and receptor modulators, contributing to advancements in treatments for neurological and psychiatric disorders. Its role in asymmetric synthesis also makes it a key component in the creation of complex organic molecules with high enantiomeric purity.