This compound is primarily utilized in the synthesis of complex organic molecules, particularly in pharmaceutical research. It serves as a key intermediate in the production of chiral piperazine derivatives, which are essential in developing drugs targeting neurological and cardiovascular diseases. Its chiral structure allows for the creation of enantiomerically pure compounds, enhancing the efficacy and specificity of the resulting pharmaceuticals. Additionally, it is employed in medicinal chemistry for the design of protease inhibitors and receptor modulators, contributing to advancements in treating conditions like hypertension and cancer. Its stability and reactivity make it a valuable building block in organic synthesis.