Used in the synthesis of pharmaceutical compounds, particularly in the development of active pharmaceutical ingredients (APIs) with potential therapeutic effects. It serves as a key intermediate in the production of chiral molecules, which are crucial for creating drugs with high enantiomeric purity. This chemical is also applied in research for studying enzyme inhibition and receptor binding activities, aiding in the discovery of new drug candidates. Additionally, it is utilized in organic chemistry as a building block for complex organic molecules, contributing to advancements in medicinal chemistry and drug design.