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 neurological disorders and inflammatory conditions. Its structural features make it suitable for incorporation into peptide-based drugs, enhancing their binding affinity and specificity to target receptors. Additionally, it is explored in research for its potential role in inhibiting specific enzymes or proteins involved in disease pathways, contributing to the development of novel therapeutic strategies. Its application is also seen in the study of chiral molecules, where it aids in understanding stereochemistry and its impact on biological activity.