This compound is primarily utilized in the pharmaceutical industry as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). It plays a crucial role in the development of drugs targeting neurological disorders, particularly those involving the central nervous system (CNS). Its structural properties make it valuable for creating compounds with potential therapeutic effects on conditions like Alzheimer’s disease, Parkinson’s disease, and other cognitive impairments. Additionally, it is employed in research settings to study and develop novel treatments for psychiatric disorders, leveraging its ability to interact with specific receptors in the brain. The compound’s chiral nature also makes it significant in the production of enantiomerically pure drugs, ensuring higher efficacy and reduced side effects in final pharmaceutical products.