Used as a chiral building block in the synthesis of pharmaceutical compounds, particularly in the development of drugs targeting central nervous system disorders. It serves as a key intermediate in the production of enantiomerically pure substances, enhancing the efficacy and reducing side effects of medications. Also employed in asymmetric synthesis for creating complex molecules with high stereochemical control. Its application extends to the preparation of agrochemicals and fine chemicals, where precise stereochemistry is crucial for biological activity.