Used in pharmaceutical research, this compound serves as a chiral building block for synthesizing active pharmaceutical ingredients (APIs). It is particularly valuable in the development of drugs targeting central nervous system disorders, such as antidepressants and antipsychotics, due to its structural properties. The compound’s chiral nature allows for the creation of enantiomerically pure substances, enhancing drug efficacy and reducing side effects. Additionally, it is employed in asymmetric synthesis to produce intermediates for complex organic molecules, contributing to advancements in medicinal chemistry.