This compound is primarily utilized in the synthesis of pharmaceuticals, particularly as an intermediate in the production of chiral drugs. Its enantiomeric purity makes it valuable in creating medications with specific stereochemical requirements, such as those targeting the central nervous system. Additionally, it is employed in organic synthesis to construct complex molecules, especially in the development of amino acid derivatives and peptidomimetics. Its application extends to research settings, where it serves as a building block for studying biochemical pathways and drug-receptor interactions.