Used in the synthesis of chiral pharmaceuticals and fine chemicals, particularly as an intermediate in the production of active pharmaceutical ingredients (APIs) requiring high enantiomeric purity. Its hydroxy and ester functional groups allow for further chemical modifications, making it valuable in asymmetric synthesis. Commonly employed in the development of antibiotics, antiviral agents, and other bioactive molecules where stereochemistry plays a critical role in efficacy. Also utilized in the fragrance and flavor industry due to its ability to contribute to complex ester profiles with desirable sensory characteristics.