This compound is primarily utilized in the pharmaceutical industry as a chiral intermediate in the synthesis of various active pharmaceutical ingredients (APIs). Its structure, featuring both amino and hydroxyl functional groups, makes it a valuable building block for the production of enantiomerically pure drugs, particularly those targeting neurological and cardiovascular disorders. It is also employed in the development of inhibitors for specific enzymes, contributing to the creation of therapeutic agents for conditions like hypertension and depression. Additionally, its unique stereochemistry allows for its use in asymmetric synthesis, enhancing the efficiency and selectivity of drug manufacturing processes.