This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of complex molecules. Its specific stereochemistry makes it valuable for creating chiral compounds, which are essential in the development of pharmaceuticals, particularly for drugs targeting specific biological pathways. Additionally, it is employed in the synthesis of natural products and bioactive molecules, contributing to advancements in medicinal chemistry. Its role in asymmetric synthesis also aids in the production of enantiomerically pure substances, which are crucial for ensuring the efficacy and safety of therapeutic agents.