This compound is primarily used in the synthesis of pharmaceutical intermediates, particularly in the development of enzyme inhibitors and therapeutic agents. It plays a significant role in the production of drugs targeting metabolic disorders and neurological conditions. Additionally, it is utilized in research settings to study enzyme mechanisms and biochemical pathways, aiding in the discovery of new treatments for diseases. Its application in organic synthesis also extends to the creation of chiral compounds, which are essential in producing enantiomerically pure drugs.