This compound is primarily used in pharmaceutical research and development, particularly in the synthesis of active pharmaceutical ingredients (APIs). It serves as a key intermediate in the production of various drugs, especially those targeting the central nervous system. Its structure is valuable in creating compounds with potential therapeutic effects, such as inhibitors for specific enzymes or receptors involved in neurological disorders. Additionally, it is utilized in the preparation of chiral molecules, which are critical in the development of enantiomerically pure drugs to enhance efficacy and reduce side effects. Its application extends to medicinal chemistry, where it aids in optimizing drug candidates for improved pharmacokinetic and pharmacodynamic properties.