This compound is primarily utilized in the field of organic synthesis, where it serves as a chiral building block or intermediate. Its structure, featuring a chiral center and functional groups like the amino and carboxylic acid, makes it valuable for the preparation of enantiomerically pure compounds. It is often employed in the synthesis of pharmaceuticals, particularly in the development of drugs that require specific stereochemistry for enhanced efficacy or reduced side effects. Additionally, it can be used in the production of ligands for asymmetric catalysis, aiding in the creation of complex molecules with high enantioselectivity. Its application extends to research and development in medicinal chemistry, where it contributes to the design and optimization of bioactive molecules.