Used in pharmaceutical research, it serves as a key intermediate in the synthesis of various bioactive compounds, particularly those targeting cardiovascular and neurological disorders. Its stereochemistry is crucial for developing enantiomerically pure drugs, enhancing their efficacy and reducing side effects. Additionally, it is employed in peptide synthesis to modify peptide structures, improving their stability and biological activity. In agricultural chemistry, it aids in creating compounds that enhance plant growth and resistance to stress. Its applications also extend to the production of chiral catalysts used in asymmetric synthesis, which is vital for manufacturing fine chemicals and active pharmaceutical ingredients.