Used primarily in the pharmaceutical industry as an intermediate in the synthesis of various active pharmaceutical ingredients (APIs). It plays a crucial role in the production of certain antidepressants and other central nervous system (CNS) drugs, contributing to their therapeutic effects. Additionally, it is utilized in research settings for the development of novel compounds targeting neurological disorders. Its chiral structure makes it valuable in enantioselective synthesis, ensuring the production of optically pure substances with enhanced efficacy and reduced side effects.