This compound is primarily utilized in the field of medicinal chemistry and drug development. It serves as a key intermediate in the synthesis of various pharmaceutical agents, particularly those targeting enzyme inhibition. Its structural features make it suitable for designing molecules that interact with specific biological targets, such as proteases or kinases, which are often implicated in diseases like cancer, inflammation, and viral infections. Additionally, its chiral centers and functional groups allow for the creation of stereospecific drugs, enhancing their efficacy and reducing potential side effects. Researchers also explore its potential in peptide-based therapeutics, leveraging its amino acid-like structure to improve drug delivery and stability.