This compound is primarily utilized in the synthesis of chiral pharmaceutical intermediates, particularly in the development of beta-adrenergic receptor agonists. It serves as a key building block in the production of medications targeting respiratory conditions such as asthma and chronic obstructive pulmonary disease (COPD). Additionally, it is employed in research for designing enantiomerically pure compounds, contributing to the study of stereochemistry in drug development. Its application extends to organic synthesis where it aids in creating complex molecules with specific biological activities.