This chemical is primarily utilized in the pharmaceutical industry as an intermediate in the synthesis of various active pharmaceutical ingredients (APIs). It plays a crucial role in the development of chiral compounds, particularly in the production of drugs that require specific enantiomeric forms for enhanced efficacy and reduced side effects.

In medicinal chemistry, it is often employed in the design and synthesis of central nervous system (CNS) drugs, including those targeting neurological disorders such as Parkinson's disease, Alzheimer's disease, and other cognitive impairments. Its structural properties make it valuable for creating compounds that interact with specific receptors or enzymes in the brain.

Additionally, it is used in research and development for studying the pharmacological properties of new drug candidates. Its chiral nature allows researchers to explore the stereochemical effects on drug activity, aiding in the optimization of therapeutic agents.

Overall, this chemical is a versatile building block in drug discovery and development, contributing to the creation of more targeted and effective medications.