This compound is primarily used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of chiral molecules. It plays a crucial role in the production of active pharmaceutical ingredients (APIs) for drugs targeting neurological and cardiovascular diseases. Its chiral structure makes it valuable for creating enantiomerically pure compounds, which are essential for ensuring the efficacy and safety of therapeutic agents. Additionally, it is utilized in peptide synthesis and as a building block for complex organic molecules in medicinal chemistry research.