Used primarily in organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals, particularly those involving the formation of oxazolidinone rings. Its structure is valuable in creating antibiotics, such as linezolid, which are effective against resistant bacterial strains. Additionally, it is employed in the development of chiral auxiliaries, aiding in the synthesis of enantiomerically pure compounds for medicinal chemistry. Its reactivity also makes it useful in polymer chemistry for creating specialized materials with unique properties.