Used as a chiral intermediate in the synthesis of biologically active compounds, particularly in the development of pharmaceuticals targeting central nervous system disorders. Its oxazole core and stereospecific benzyl group make it valuable in asymmetric synthesis, where it helps control the formation of specific enantiomers in drug candidates. Commonly employed in the preparation of kinase inhibitors and anti-inflammatory agents due to its ability to enhance binding selectivity and metabolic stability. Also utilized in agrochemical research for designing enantioselective herbicides and pesticides.