This chemical is primarily utilized in the pharmaceutical industry as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). Its structure, featuring both amino and hydroxyl functional groups, makes it a valuable building block for the development of complex molecules, particularly in the creation of drugs targeting neurological and cardiovascular conditions. Additionally, its pyrrolidine ring system is often incorporated into compounds designed to modulate biological pathways, making it essential in medicinal chemistry research. The compound's stability and reactivity also contribute to its use in the production of chiral compounds, where stereochemistry plays a critical role in drug efficacy.