Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various therapeutic agents. Its structure is particularly valuable in the creation of drugs targeting neurological and cardiovascular disorders. The compound's chiral centers and functional groups make it a versatile building block for designing molecules with specific biological activities. It is often employed in the production of enantiomerically pure substances, which are crucial for developing medications with reduced side effects and improved efficacy. Additionally, it finds application in the study of enzyme inhibition and receptor binding, aiding in the discovery of new drug candidates.