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 chiral drugs, where its stereochemistry plays a crucial role in ensuring the desired biological activity. The compound is often employed in the development of protease inhibitors, which are essential in treating diseases such as HIV and hepatitis C. Additionally, it is used in peptide synthesis to introduce specific structural motifs that enhance the stability and efficacy of therapeutic peptides. Its application extends to the field of medicinal chemistry, where it aids in the creation of novel compounds with potential therapeutic benefits.