This compound is primarily utilized in the pharmaceutical industry as a chiral building block for the synthesis of various drugs. It plays a crucial role in the production of enantiomerically pure pharmaceuticals, particularly in the development of antibiotics and anti-inflammatory medications. Its chiral nature allows for the creation of more effective and targeted therapies with reduced side effects. Additionally, it is employed in research and development for studying enzyme interactions and chiral resolution processes, aiding in the advancement of medicinal chemistry and drug design.