Used as a chiral building block in the synthesis of pharmaceuticals, particularly in the production of enantiomerically pure drugs. It serves as a key intermediate in the development of active pharmaceutical ingredients (APIs) for treatments targeting central nervous system disorders, cardiovascular diseases, and other therapeutic areas. Its chiral nature allows for the creation of compounds with high stereochemical purity, enhancing drug efficacy and reducing side effects. Additionally, it is employed in asymmetric synthesis and catalysis, contributing to the development of advanced chemical processes in organic chemistry.