This compound is primarily utilized in the field of biochemistry and pharmaceuticals due to its role as a precursor in the synthesis of various biologically active molecules. It serves as a key intermediate in the production of certain antibiotics and therapeutic agents, particularly those targeting bacterial infections and metabolic disorders. Additionally, it is employed in research settings to study enzyme mechanisms and metabolic pathways, especially those involving amino acid metabolism. Its stereospecificity makes it valuable in the development of chiral drugs, enhancing the efficacy and reducing side effects of pharmaceutical compounds.