This compound is primarily used in the synthesis of pharmaceutical intermediates, particularly in the development of chiral molecules. It serves as a key building block in the production of enantiomerically pure compounds, which are essential in creating drugs with specific biological activities. Its application is significant in the field of medicinal chemistry, where it aids in the design and synthesis of active pharmaceutical ingredients (APIs) for treating various diseases. Additionally, it is utilized in research and development for exploring new therapeutic agents, leveraging its structural properties to achieve desired stereochemistry in complex molecules.