Used in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs) for treating various medical conditions. It serves as a key intermediate in organic reactions, enabling the production of complex molecules with high precision. Applied in research laboratories for studying metabolic pathways and enzyme interactions, providing insights into biochemical processes. Also utilized in the preparation of specialty chemicals, contributing to advancements in material science and industrial applications. Its role in asymmetric synthesis makes it valuable for creating chiral compounds, which are essential in drug development and fine chemical manufacturing.