This compound is primarily utilized in the synthesis of pharmaceutical intermediates, particularly in the development of drugs targeting neurological and cardiovascular conditions. Its chiral structure makes it valuable in producing enantiomerically pure substances, which are critical for enhancing drug efficacy and reducing side effects. Additionally, it serves as a building block in peptide synthesis, contributing to the creation of bioactive peptides used in therapeutic applications. Its role in organic synthesis also extends to the preparation of complex molecules for research and development in medicinal chemistry.