This compound is primarily utilized in organic synthesis as a chiral building block for the preparation of various pharmaceuticals and biologically active molecules. Its structure, featuring both ester and amide functional groups, makes it a versatile intermediate in the synthesis of complex organic compounds. It is often employed in the production of enantiomerically pure drugs, particularly those targeting neurological and cardiovascular disorders. Additionally, it serves as a precursor in the synthesis of peptidomimetics, which are used in drug development to mimic the structure and function of peptides. Its chiral nature allows for the creation of stereospecific compounds, enhancing the efficacy and reducing the side effects of therapeutic agents.