This chemical is primarily utilized in the synthesis of various pharmaceutical compounds, particularly those targeting cardiovascular diseases. It serves as a key intermediate in the production of certain ACE inhibitors, which are medications used to manage high blood pressure and heart failure. Additionally, it is employed in the development of peptidomimetics, which mimic peptides and are used in drug discovery to create more stable and effective therapeutic agents. Its unique structure allows it to act as a building block in organic synthesis, contributing to the creation of complex molecules with potential biological activity.