This compound is primarily utilized in organic synthesis as a chiral building block for the preparation of complex molecules, particularly in the pharmaceutical industry. It serves as an intermediate in the synthesis of enantiomerically pure compounds, which are crucial for developing drugs with specific stereochemical requirements. The presence of both oxazolidinone and ester functional groups makes it a versatile reagent for asymmetric synthesis, enabling the construction of stereocenters with high precision. It is often employed in the synthesis of biologically active molecules, including potential therapeutic agents targeting various diseases. Additionally, its structural features make it suitable for use in peptide mimetics and other bioactive compounds where stereochemistry plays a critical role in activity.