This compound is primarily used in the synthesis of chiral intermediates for pharmaceuticals, particularly in the production of enantiomerically pure drugs. It serves as a key building block in the development of active pharmaceutical ingredients (APIs) for treatments targeting conditions such as cardiovascular diseases, central nervous system disorders, and metabolic syndromes. Its chiral nature makes it valuable in asymmetric synthesis, ensuring high specificity and efficacy in the final drug product. Additionally, it is utilized in research and development for exploring novel therapeutic agents and optimizing drug delivery systems.