This compound is primarily utilized in the synthesis of pharmaceutical intermediates, particularly in the production of chiral drugs. Its chiral nature makes it valuable for creating enantiomerically pure substances, which are crucial for developing medications with specific therapeutic effects. It is often employed in the preparation of β-amino acids, which are key components in peptidomimetics and bioactive molecules. Additionally, it serves as a building block in organic synthesis for constructing complex molecular structures, especially in the field of medicinal chemistry. Its application extends to research and development of new drugs targeting neurological and cardiovascular disorders.