This compound is primarily utilized in the synthesis of pharmaceuticals, particularly in the development of drugs that target neurological and metabolic disorders. Its chiral structure makes it valuable in creating enantiomerically pure compounds, which are essential for ensuring the efficacy and safety of therapeutic agents. Additionally, it serves as a building block in peptide synthesis, contributing to the production of bioactive peptides and proteins. In research, it is often employed as a reagent in organic chemistry studies, aiding in the exploration of new chemical reactions and pathways. Its applications also extend to the field of biochemistry, where it is used to study enzyme mechanisms and protein interactions.