Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of antiviral and central nervous system agents. Its structure supports the creation of bioactive molecules due to the presence of both amine and hydroxyl functional groups, enabling diverse chemical modifications. Commonly employed in medicinal chemistry for building chiral scaffolds in drug candidates. Also utilized in the preparation of enzyme inhibitors and receptor modulators, where its cyclic ether backbone contributes to metabolic stability and improved pharmacokinetic profiles.