Used as a chiral building block in the synthesis of pharmaceuticals and biologically active compounds. Its hydroxyl and amino functional groups allow for derivatization in organic synthesis, particularly in the development of enzyme inhibitors and specialty amines. Commonly employed in asymmetric synthesis due to its stereochemistry, it serves as an intermediate in the preparation of fine chemicals and agrochemicals. Also finds use in the research of amino alcohol-based catalysts and ligands for metal-catalyzed reactions.