This compound is primarily utilized in the synthesis of complex organic molecules, particularly in the pharmaceutical industry. It serves as a key intermediate in the production of certain active pharmaceutical ingredients (APIs), often contributing to the structural framework of drugs targeting specific biological pathways. Its stereochemistry and functional groups make it valuable in asymmetric synthesis, enabling the creation of enantiomerically pure compounds. Additionally, it is employed in research and development for designing and testing new therapeutic agents, especially in the fields of anti-inflammatory and cardiovascular medications. Its stability and reactivity under controlled conditions make it a versatile building block in organic chemistry.