This compound is primarily utilized in organic synthesis as a chiral auxiliary or building block in the preparation of complex molecules, particularly in the pharmaceutical industry. It is often employed in asymmetric synthesis to induce chirality in target compounds, ensuring the production of enantiomerically pure substances. The oxazolidine ring and carboxylate group provide stability and reactivity, making it useful in multi-step synthetic routes. Additionally, it can serve as a precursor for the synthesis of biologically active molecules, such as amino acids or peptide derivatives, due to its structural features that mimic natural compounds. Its application is also seen in the development of catalysts and ligands for stereoselective reactions.