This chemical is primarily utilized in the synthesis of various pharmaceutical compounds due to its unique stereochemistry and functional groups. It serves as a key intermediate in the production of drugs targeting neurological disorders, such as Parkinson's disease and Alzheimer's disease, by enabling the creation of specific chiral molecules. Additionally, it is employed in the development of antiviral and antibacterial agents, as its structure can be modified to enhance the efficacy of these drugs. In organic chemistry, it is also used as a building block for complex natural products and bioactive molecules, contributing to advancements in medicinal chemistry and drug discovery.