This compound is primarily used in the synthesis of pharmaceutical intermediates, particularly in the development of chiral drugs. Its structure, featuring a chiral center and protective groups, makes it valuable in asymmetric synthesis, enabling the production of enantiomerically pure compounds. It is often employed in the preparation of biologically active molecules, such as inhibitors or receptor modulators, where the specific stereochemistry is crucial for activity. Additionally, it serves as a building block in peptide and peptidomimetic chemistry, contributing to the creation of compounds with potential therapeutic applications in areas like neurology, oncology, and infectious diseases.