Used as a chiral building block in the synthesis of pharmaceuticals, particularly in the development of enantiomerically pure drugs. It plays a critical role in asymmetric synthesis, aiding in the creation of compounds with high stereochemical precision. Applied in the production of agrochemicals and fine chemicals, where its chiral properties enhance the efficacy and specificity of the final products. Also utilized in research for studying enzyme mechanisms and receptor interactions due to its ability to mimic natural chiral molecules.