This compound is primarily utilized in the synthesis of chiral intermediates for pharmaceuticals. It serves as a key building block in the production of enantiomerically pure drugs, particularly in the development of antibiotics and antiviral medications. Its chiral structure allows for the creation of highly specific and effective therapeutic agents. Additionally, it is employed in organic synthesis to facilitate the formation of complex molecules with precise stereochemistry, enhancing the efficiency and selectivity of chemical reactions. Its application extends to the field of asymmetric catalysis, where it aids in the production of compounds with desired optical activity, crucial for advanced drug development and fine chemical manufacturing.