This compound is primarily utilized in the pharmaceutical industry as a key intermediate in the synthesis of various therapeutic agents. Its structure, featuring both an amino group and a hydroxyl group attached to a cyclohexane ring, makes it a versatile building block for drug development. It is particularly valuable in the creation of compounds targeting neurological disorders, as it can be modified to interact with specific receptors in the brain. Additionally, its stereochemistry (trans-configuration) is often crucial for achieving the desired biological activity, making it a preferred choice in the design of enantiomerically pure drugs. Beyond pharmaceuticals, it may also find applications in the development of specialty chemicals and advanced materials, where its unique structure can contribute to specific properties like stability or reactivity.