Used in the synthesis of chiral compounds, particularly in pharmaceutical research for developing drugs with specific stereochemistry. It serves as a building block for peptides and peptidomimetics, aiding in the study of protein interactions and enzyme inhibitors. Applied in asymmetric synthesis to create enantiomerically pure substances, crucial for producing active pharmaceutical ingredients (APIs). Also utilized in material science for designing advanced polymers with tailored properties. Its stereospecific nature makes it valuable in catalysis and the development of novel chemical reactions.