This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of chiral molecules. Its structure makes it valuable as a building block for creating active pharmaceutical ingredients (APIs) with specific stereochemistry, which is crucial for drug efficacy and safety. It is often employed in the preparation of compounds targeting neurological disorders, such as selective serotonin reuptake inhibitors (SSRIs) or other central nervous system (CNS) drugs. Additionally, it serves as a key intermediate in organic synthesis for producing ligands or catalysts used in asymmetric reactions, enhancing the efficiency of chemical processes. Its application extends to agrochemical research, where it aids in developing pesticides or herbicides with improved activity and selectivity.