This chemical is widely used as a chiral building block in the synthesis of various pharmaceuticals, particularly in the production of active pharmaceutical ingredients (APIs) that require specific stereochemistry for efficacy. It serves as a key intermediate in the development of drugs targeting the central nervous system, including antidepressants and anti-anxiety medications, due to its ability to influence neurotransmitter activity. Additionally, it is employed in the creation of agrochemicals, such as herbicides and fungicides, where its stereochemistry enhances the selectivity and potency of the final product. In organic synthesis, it is utilized as a precursor for the preparation of complex molecules, including natural products and fine chemicals, where its chiral nature is crucial for achieving desired biological activity. Its versatility also extends to the field of asymmetric catalysis, where it acts as a ligand or catalyst in enantioselective reactions, enabling the production of optically pure compounds.