Used as a chiral building block in organic synthesis, particularly in the pharmaceutical industry for the preparation of enantiomerically pure compounds. Its asymmetric center makes it valuable in the development of active pharmaceutical ingredients where stereochemistry influences biological activity. Also employed as a resolving agent for racemic mixtures and as an intermediate in the synthesis of agrochemicals and fine chemicals. Its amine functionality allows for easy derivatization, enabling its use in ligands for asymmetric catalysis.