This compound is primarily utilized in the synthesis of various pharmaceuticals due to its structural properties, which make it a valuable intermediate in drug development. It is often employed in the creation of compounds with potential anti-inflammatory, antimicrobial, and antioxidant activities. Additionally, its chiral nature allows it to be used in the production of enantiomerically pure drugs, enhancing their efficacy and reducing side effects. In research, it serves as a building block for exploring new therapeutic agents, particularly in the fields of oncology and neurology. Its applications also extend to the development of advanced materials and organic synthesis, where it contributes to the creation of complex molecular architectures.