This compound is primarily utilized in the synthesis of pharmaceutical intermediates, particularly in the development of active pharmaceutical ingredients (APIs) for therapeutic drugs. It serves as a key building block in organic synthesis, enabling the creation of complex molecules with specific biological activities. Its chiral structure is valuable in producing enantiomerically pure compounds, which are essential in drug development to ensure efficacy and reduce side effects. Additionally, it finds applications in research laboratories for studying biochemical pathways and drug-receptor interactions, contributing to the advancement of medicinal chemistry.