Used as a chiral building block in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs) where stereochemistry plays a critical role in biological activity. Its structure allows for selective interactions in asymmetric synthesis, making it valuable in creating enantiomerically pure drugs. Commonly employed in the production of central nervous system agents and anti-inflammatory compounds. Also utilized in agrochemicals for the development of stereoselective herbicides and pesticides. Serves as an intermediate in the preparation of catalysts and ligands for enantioselective reactions.