This compound is primarily utilized in the synthesis of beta-lactam antibiotics, which are crucial for treating bacterial infections. Its structure serves as a key intermediate in the production of penicillins and cephalosporins, contributing to the development of drugs with enhanced efficacy and resistance to bacterial enzymes. Additionally, it is employed in organic chemistry research for studying stereoselective reactions and developing novel pharmaceutical agents. Its role in creating biologically active molecules makes it valuable in medicinal chemistry and drug discovery.