This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of chiral drugs and intermediates. Its chiral nature makes it valuable for creating enantiomerically pure substances, which are crucial in the production of medications with specific biological activities. It is often employed in the preparation of active pharmaceutical ingredients (APIs) for treatments targeting neurological and metabolic disorders. Additionally, it serves as a building block in organic synthesis, enabling the creation of complex molecules with high precision. Its application extends to the field of asymmetric catalysis, where it aids in the development of efficient and selective chemical reactions.