This chemical is primarily used in the synthesis of chiral compounds, particularly in the pharmaceutical industry. It serves as a key intermediate in the production of enantiomerically pure drugs, where the (S)-configuration is crucial for biological activity. Additionally, it is employed in the development of liquid crystals and advanced materials due to its specific stereochemistry and functional groups. In organic chemistry research, it is often utilized as a building block for complex molecules, aiding in the study of asymmetric synthesis and catalysis.