This compound is primarily utilized in the synthesis of β-lactam antibiotics, which are essential in treating bacterial infections. It serves as a key intermediate in the production of various penicillin and cephalosporin derivatives, enabling the development of drugs with enhanced efficacy and resistance to bacterial enzymes. Additionally, it is employed in organic chemistry research for the preparation of chiral building blocks, facilitating the creation of complex molecules with specific stereochemistry. Its role in medicinal chemistry is particularly significant, as it contributes to the design and optimization of new pharmaceutical agents targeting a range of diseases.