This chemical is primarily utilized in the pharmaceutical industry as a chiral auxiliary or intermediate in the synthesis of optically active compounds. Its structure is particularly valuable in the production of enantiomerically pure drugs, where it helps control stereochemistry during complex reactions. It is often employed in the development of antibiotics, antivirals, and other therapeutic agents, enhancing the efficacy and specificity of the final products. Additionally, its application extends to organic synthesis, where it aids in the creation of complex molecules with high precision.