This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of biologically active molecules. It serves as a key intermediate in the production of various therapeutic agents, including inhibitors and modulators targeting specific enzymes or receptors. Its chiral structure makes it valuable in the creation of enantiomerically pure compounds, which are essential for drug efficacy and safety. Additionally, it is employed in the study of neurological disorders and pain management, as it can be incorporated into molecules that interact with the central nervous system. Its stability and reactivity also make it suitable for use in peptide synthesis and medicinal chemistry projects.