Primarily used in organic synthesis, this chemical serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. Its structure allows it to participate in ring-opening reactions, which are crucial for creating complex molecules with specific biological activities. It is particularly valuable in the development of chiral compounds, where its stereochemistry plays a significant role in ensuring the desired enantiomeric purity. Additionally, it is employed in the synthesis of sulfonamide derivatives, which are widely used as antibacterial agents. Its versatility in chemical transformations makes it a valuable tool in medicinal chemistry and drug discovery.