This compound is primarily utilized in the pharmaceutical industry as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). Its chiral structure makes it particularly valuable in the production of enantiomerically pure drugs, which often exhibit higher efficacy and fewer side effects compared to their racemic counterparts. It is commonly employed in the development of medications targeting central nervous system disorders, such as antidepressants and antipsychotics, due to its ability to interact with specific neurotransmitter receptors. Additionally, it finds application in the synthesis of compounds used in pain management and anti-inflammatory therapies. Researchers also explore its potential in creating novel therapeutic agents for treating chronic diseases, leveraging its unique chemical properties to enhance drug stability and bioavailability.