This compound is primarily utilized in the synthesis of chiral intermediates for pharmaceutical applications. It serves as a key building block in the production of enantiomerically pure drugs, particularly those targeting the central nervous system. The compound's chiral nature makes it valuable in creating molecules with specific stereochemical configurations, enhancing the efficacy and reducing side effects of the final drug product. Additionally, it is employed in research and development for the exploration of new therapeutic agents, particularly in the fields of neurology and psychiatry. Its role in asymmetric synthesis also extends to the preparation of complex organic molecules in academic and industrial settings.