This chemical is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of various bioactive compounds, particularly those targeting neurological disorders. Its unique structure allows it to act as a building block for developing inhibitors of specific enzymes or receptors involved in neurodegenerative diseases. Additionally, it is explored in the design of chiral ligands for asymmetric catalysis, aiding in the production of enantiomerically pure drugs. Its application extends to biochemical studies where it is used to investigate protein-ligand interactions and enzyme mechanisms.