This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of more complex molecules. Its structure, featuring both imidazolidine and carboxylic acid groups, makes it particularly valuable in the development of pharmaceuticals, especially in the synthesis of compounds with potential biological activity. Additionally, it is employed in the creation of chiral catalysts, which are essential for asymmetric synthesis, enabling the production of enantiomerically pure substances. This is crucial in the manufacture of drugs where the specific chirality can significantly impact efficacy and safety. The compound's ability to act as a building block for various heterocyclic frameworks also aids in the exploration of new chemical entities with potential applications in medicinal chemistry.