This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various pharmaceuticals. Its structure is particularly valuable in the development of biologically active molecules, especially those targeting neurological disorders. Researchers leverage its unique framework to create compounds that interact with specific receptors in the brain, potentially leading to treatments for conditions like depression, anxiety, or cognitive impairments. Additionally, its chiral nature allows for the production of enantiomerically pure drugs, enhancing efficacy and reducing side effects. The compound is also explored in the design of protease inhibitors, which are crucial in antiviral and anticancer therapies. Its versatility makes it a valuable tool in drug discovery and development processes.