This compound is primarily utilized in the synthesis of pharmaceutical intermediates, particularly in the development of chiral molecules. It serves as a key building block in the production of active pharmaceutical ingredients (APIs) for drugs targeting various therapeutic areas, including central nervous system disorders and cardiovascular diseases. Its chiral nature makes it valuable for creating enantiomerically pure compounds, which are crucial for ensuring the efficacy and safety of medications. Additionally, it is employed in peptide synthesis and as a precursor in organic chemistry research for designing complex molecular structures with specific biological activities.