This compound is primarily utilized in the synthesis of pharmaceutical intermediates, particularly in the development of drugs targeting neurological and cardiovascular conditions. Its stereochemistry plays a crucial role in enhancing the efficacy and specificity of the active pharmaceutical ingredients (APIs) it helps produce. Additionally, it is employed in the production of fine chemicals and as a chiral building block in asymmetric synthesis, enabling the creation of complex molecules with high enantiomeric purity. Its application in organic synthesis also extends to the preparation of agrochemicals, where it contributes to the development of more effective and environmentally friendly pesticides and herbicides.