Used as a chiral building block in the synthesis of pharmaceuticals, particularly in the production of active pharmaceutical ingredients (APIs) where stereochemistry plays a critical role in biological activity. Its structure allows for selective reactions in asymmetric synthesis, making it valuable in developing drugs with high enantiomeric purity. Commonly applied in the preparation of antifungal agents and antiviral compounds due to the presence of the thiazole ring, which is known for its biological relevance. Also serves as an intermediate in agrochemicals for creating enantioselective herbicides and pesticides. Its hydroxyl and heterocyclic functional groups enable easy modification for use in medicinal chemistry research and development.