This compound is primarily utilized in the field of organic synthesis as a chiral building block. Its stereochemistry makes it valuable for constructing complex molecules with specific spatial arrangements, particularly in the development of pharmaceuticals. It is often employed in the synthesis of biologically active compounds, including potential drug candidates, where precise chiral control is essential for efficacy and safety. Additionally, it serves as an intermediate in the preparation of peptidomimetics and other bioactive molecules, aiding in the study of enzyme interactions and receptor binding. Its versatility in asymmetric synthesis makes it a useful tool for researchers in medicinal chemistry and drug discovery.