This compound is primarily utilized in the synthesis of pharmaceuticals, particularly in the production of antibiotics and other therapeutic agents. Its chiral structure makes it valuable for creating enantiomerically pure drugs, which are crucial for ensuring efficacy and reducing side effects. Additionally, it serves as a building block in organic synthesis, enabling the development of complex molecules with specific biological activities. In research, it is often employed as a precursor for studying enzyme mechanisms and developing new catalytic processes. Its applications extend to the field of biochemistry, where it is used in peptide synthesis and the modification of biomolecules to enhance their properties.