This compound is primarily utilized in the synthesis of pharmaceutical intermediates, particularly in the production of enantiomerically pure amino acids. It serves as a key building block in the development of drugs targeting neurological disorders, such as Parkinson's disease, due to its role in modulating neurotransmitter activity. Additionally, it is employed in the preparation of chiral catalysts and ligands for asymmetric synthesis, enhancing the efficiency and selectivity of chemical reactions in organic chemistry. Its application extends to the field of peptide synthesis, where it contributes to the creation of structurally complex peptides with potential therapeutic benefits.