This chemical is primarily utilized in the synthesis of pharmaceutical compounds, particularly in the development of chiral drugs. Its unique stereochemistry makes it a valuable intermediate for creating molecules with specific biological activities. It is often employed in the production of antiviral and anticancer agents, where the precise spatial arrangement of atoms is crucial for efficacy. Additionally, it serves as a building block in organic synthesis, enabling the creation of complex structures with potential therapeutic applications. Its role in asymmetric synthesis also aids in the production of enantiomerically pure substances, which are essential in modern drug design.