This compound is primarily utilized in the pharmaceutical industry as a chiral building block for the synthesis of various active pharmaceutical ingredients (APIs). Its stereochemistry makes it valuable in creating enantiomerically pure drugs, which can enhance efficacy and reduce side effects. It is often employed in the development of central nervous system (CNS) drugs, including antidepressants and antipsychotics, due to its structural compatibility with neurotransmitter systems. Additionally, it serves as an intermediate in the production of agrochemicals, contributing to the development of pesticides and herbicides with improved selectivity and environmental safety. Its applications also extend to research settings, where it is used in the study of chiral catalysis and asymmetric synthesis.