This compound is primarily utilized in the field of medicinal chemistry and pharmacology. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting neurological and psychiatric disorders. Its structural features make it suitable for developing drugs that interact with specific receptors in the brain, such as those involved in mood regulation and cognitive functions. Additionally, it is explored in the design of enzyme inhibitors, which can be used to modulate metabolic pathways associated with certain diseases. Its chiral nature also makes it valuable in asymmetric synthesis, contributing to the production of enantiomerically pure pharmaceuticals.