This compound is primarily utilized in the field of organic synthesis, where it serves as a chiral building block for the preparation of various pharmaceuticals. Its stereochemistry makes it valuable for creating enantiomerically pure compounds, which are crucial in the development of drugs with specific biological activities. Additionally, it is employed in catalytic processes, particularly in asymmetric synthesis, to induce chirality in target molecules. This enhances the efficiency and selectivity of chemical reactions, leading to the production of high-purity substances. Its application is also seen in research settings, where it aids in the study of stereochemical effects on drug efficacy and safety.