Used as a chiral building block in organic synthesis, particularly in the production of pharmaceuticals and fine chemicals. It serves as a key intermediate for synthesizing enantiomerically pure compounds, which are essential in drug development. Its structure is valuable in creating complex molecules with specific stereochemistry, aiding in the design of active pharmaceutical ingredients (APIs). Additionally, it is employed in the preparation of ligands for asymmetric catalysis, enhancing the efficiency and selectivity of chemical reactions.