Primarily used in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). Its structure is particularly valuable in the development of drugs targeting neurological and cardiovascular diseases. Researchers utilize it to create compounds that can modulate neurotransmitter systems, potentially leading to treatments for conditions like depression, anxiety, and hypertension. Additionally, its chiral nature makes it a crucial component in the production of enantiomerically pure substances, ensuring higher efficacy and reduced side effects in final drug formulations. The compound’s stability and reactivity also make it a preferred choice in organic synthesis and medicinal chemistry studies.