This chemical is primarily used as a chiral building block in organic synthesis, particularly in the production of pharmaceuticals and fine chemicals. Its structure makes it valuable for creating enantiomerically pure compounds, which are crucial in drug development to ensure efficacy and reduce side effects. It is often employed in the synthesis of antiviral agents, antibiotics, and other bioactive molecules. Additionally, it serves as a precursor in the preparation of complex natural products and specialty chemicals, where its stereochemistry plays a key role in achieving the desired biological activity.