Used primarily in the pharmaceutical industry as an intermediate in the synthesis of various drugs, particularly those targeting the central nervous system. It plays a role in the production of antispasmodic and anticholinergic medications, which help manage conditions like muscle spasms and gastrointestinal disorders. Additionally, it is utilized in organic chemistry research for the development of chiral compounds, aiding in the study of stereochemistry and enantiomeric separation processes. Its esterification properties make it valuable in creating specialized esters for flavor and fragrance industries.