This compound is primarily utilized in the synthesis of chiral pharmaceuticals due to its ability to act as a building block for complex molecules. Its stereochemistry makes it valuable in producing enantiomerically pure drugs, which are crucial for enhancing efficacy and reducing side effects. It is often employed in asymmetric synthesis to create intermediates for medications targeting cardiovascular, neurological, and infectious diseases. Additionally, it serves as a ligand in catalytic systems for organic transformations, improving the selectivity and efficiency of chemical reactions. Its applications extend to research and development in medicinal chemistry, where it aids in the design of novel therapeutic agents.