Used primarily in the pharmaceutical industry, this compound serves as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). Its chiral structure makes it valuable in the production of enantiomerically pure drugs, particularly those targeting fungal infections, as it can enhance the efficacy and reduce side effects. Additionally, it is employed in research and development for creating novel therapeutic agents, especially in the fields of antifungal and antimicrobial treatments. Its role in asymmetric synthesis also contributes to the development of complex molecules with specific biological activities.