Used as a chiral building block in the synthesis of pharmaceuticals, particularly in the production of drugs targeting neurological and cardiovascular diseases. It serves as a key intermediate in the preparation of enantiomerically pure compounds, enhancing the efficacy and reducing side effects of medications. Additionally, it is employed in asymmetric catalysis to facilitate the creation of complex molecules with high stereochemical control. Its application extends to agrochemicals, where it aids in developing selective herbicides and pesticides.