This chemical is primarily utilized in the field of medicinal chemistry and drug development. It functions as a key intermediate in the synthesis of complex organic compounds, particularly those targeting specific biological pathways. Its structure is often exploited in the design of inhibitors for enzymes or receptors, making it valuable in the creation of potential therapeutic agents. Researchers leverage its unique chemical properties to develop molecules that can modulate protein interactions, which is crucial in treating diseases like cancer, autoimmune disorders, and neurological conditions. Additionally, its stereochemistry and functional groups make it suitable for studies in asymmetric synthesis, aiding in the production of enantiomerically pure compounds for pharmaceutical applications.