This compound is primarily utilized in the pharmaceutical industry as an intermediate in the synthesis of active pharmaceutical ingredients (APIs). It plays a crucial role in the development of drugs targeting neurological disorders, particularly those involving modulation of neurotransmitter systems. Its chiral structure makes it valuable in creating enantiomerically pure compounds, which are essential for ensuring the efficacy and safety of therapeutic agents. Additionally, it is used in research settings to study receptor interactions and develop novel treatments for conditions like depression, anxiety, and other central nervous system-related diseases. Its specific chemical structure allows for precise binding to target proteins, making it a key component in drug discovery and development processes.