This compound is primarily used in the pharmaceutical industry as an intermediate in the synthesis of more complex molecules. It plays a crucial role in the development of active pharmaceutical ingredients (APIs), particularly in the production of drugs targeting specific diseases. Its chiral structure makes it valuable for creating enantiomerically pure substances, which are essential for ensuring the efficacy and safety of medications. Additionally, it is utilized in research and development for studying biochemical pathways and drug interactions, contributing to advancements in medicinal chemistry.