This compound is primarily utilized in the field of organic synthesis and pharmaceutical research. It serves as a key intermediate in the production of various biologically active molecules, particularly those targeting neurological and cardiovascular diseases. Its structure is often exploited in the development of enzyme inhibitors, which can modulate specific biochemical pathways. Additionally, it finds application in the synthesis of complex natural products and analogs, contributing to drug discovery and medicinal chemistry efforts. Its stereochemistry and functional groups make it a valuable building block for constructing more intricate compounds with potential therapeutic properties.