This compound is primarily utilized in the synthesis of chiral molecules, particularly in the pharmaceutical industry, where it serves as a key intermediate for the production of enantiomerically pure drugs. Its structure, featuring a thiazolidine ring, makes it valuable in the development of compounds with potential biological activity, such as antimicrobial or anti-inflammatory agents. Additionally, it is employed in asymmetric synthesis to introduce chirality into target molecules, enhancing their specificity and efficacy. Its application extends to research settings, where it is used to study stereochemical reactions and develop novel therapeutic agents.