This compound is primarily utilized in the synthesis of chiral molecules, particularly in pharmaceutical research and development. It serves as a key intermediate in the production of enantiomerically pure drugs, where the stereochemistry plays a critical role in biological activity. Its application is significant in the creation of active pharmaceutical ingredients (APIs) for treatments targeting central nervous system disorders, cardiovascular diseases, and other therapeutic areas. Additionally, it is employed in asymmetric synthesis processes, enabling the production of high-value compounds with specific chiral configurations. Its use extends to fine chemical manufacturing, where precision in molecular structure is essential for achieving desired chemical properties.