Used primarily in the synthesis of chiral compounds, this chemical serves as a key intermediate in the production of pharmaceuticals. Its structure is particularly valuable in creating enantiomerically pure drugs, which are crucial for ensuring the efficacy and safety of medications. Additionally, it finds application in the development of bioactive molecules for research purposes, aiding in the study of receptor interactions and enzyme mechanisms. Its role in organic synthesis also extends to the creation of complex organic frameworks, contributing to advancements in medicinal chemistry and drug discovery.