This chemical is primarily utilized in the synthesis of pharmaceutical compounds, particularly in the development of antiviral and antibacterial agents. Its unique stereochemistry makes it a valuable building block for creating molecules that can interact effectively with biological targets. It is also employed in the production of chiral catalysts, which are essential in asymmetric synthesis to produce enantiomerically pure substances. Additionally, it finds application in research and development for studying enzyme inhibition and receptor binding due to its structural similarity to certain natural substrates.