This compound is primarily utilized in the pharmaceutical industry as a key intermediate in the synthesis of various therapeutic agents. It is particularly significant in the development of antiviral and anticancer drugs due to its structural properties, which allow for effective binding to biological targets. The compound’s chiral centers and functional groups make it a versatile building block in the production of enantiomerically pure drugs, enhancing their efficacy and reducing side effects. Additionally, it is employed in research settings for the development of novel compounds with potential pharmacological activities, contributing to advancements in medicinal chemistry.