Used as an intermediate in the synthesis of pharmaceuticals, particularly in the production of anticoagulant drugs. It plays a key role in constructing chiral building blocks for active pharmaceutical ingredients due to its stereochemical purity. Commonly employed in the development of factor Xa inhibitors, which are important in preventing blood clots. Its structure allows for efficient coupling reactions in multi-step organic syntheses, making it valuable in medicinal chemistry for creating potent and selective therapeutic agents.