This compound is primarily utilized in organic synthesis as a chiral auxiliary or building block for the preparation of enantiomerically pure compounds. It is particularly valuable in asymmetric synthesis, where it aids in the formation of stereocenters with high selectivity. The compound’s structure, featuring an oxathiazolidine ring, makes it useful in the development of pharmaceuticals, agrochemicals, and fine chemicals. It is often employed in the synthesis of biologically active molecules, including drugs targeting specific enzymes or receptors. Additionally, its stability and reactivity under various conditions make it a versatile reagent in multi-step synthetic routes.