Utilized primarily in the synthesis of pharmaceutical compounds, this chemical serves as a key intermediate in the production of various drugs. Its chiral structure makes it valuable in the development of enantiomerically pure medications, particularly in the treatment of neurological disorders and cardiovascular diseases. Additionally, it is employed in peptide synthesis, where its unique properties enhance the stability and efficacy of peptide-based therapeutics. The compound also finds application in biochemical research as a building block for designing novel molecules with potential therapeutic effects.