Used in pharmaceutical research as a chiral intermediate for synthesizing bioactive molecules, particularly in the development of central nervous system agents. Its oxazole core and stereochemistry make it valuable in structure-activity relationship studies for receptor binding, especially in dopamine and serotonin receptor modulators. Also employed in asymmetric synthesis due to its stable chiral center, facilitating the production of enantiomerically pure compounds. Shows potential in the design of novel antipsychotic and anti-addictive drugs.