This compound is primarily utilized in the synthesis of specialized peptides and pharmaceutical agents due to its unique stereochemistry and functional groups. It serves as a key building block in the development of drugs targeting neurological disorders and metabolic diseases. Its hydroxyl and amino groups make it a valuable intermediate in organic synthesis, particularly in the production of chiral compounds. Additionally, it is used in research to study enzyme mechanisms and protein interactions, contributing to advancements in biochemistry and medicinal chemistry.