This compound is primarily used in the synthesis of chiral intermediates for pharmaceuticals, particularly in the production of active pharmaceutical ingredients (APIs) that require specific stereochemistry. It serves as a key building block in the development of drugs targeting various therapeutic areas, such as antiviral, anticancer, and central nervous system disorders. Its chiral nature allows for the creation of enantiomerically pure compounds, which is critical for ensuring the efficacy and safety of the final drug product. Additionally, it is employed in peptide synthesis and as a protecting group for amines during complex organic reactions, enabling precise control over chemical transformations.