This compound is primarily used in the pharmaceutical industry as a chiral building block for the synthesis of various active pharmaceutical ingredients (APIs). Its chiral nature makes it valuable in the production of enantiomerically pure drugs, particularly those targeting the central nervous system. It is often employed in the development of medications for pain management, neurological disorders, and cardiovascular conditions. Additionally, it serves as an intermediate in organic synthesis, aiding in the creation of complex molecules with high specificity and efficacy. Its application is crucial in ensuring the desired pharmacological activity and reducing potential side effects in therapeutic agents.