This compound is primarily utilized in biochemical research and pharmaceutical development. It serves as a key intermediate in the synthesis of peptides and other biologically active molecules. Its chiral structure makes it valuable in the production of enantiomerically pure compounds, which are crucial for drug development and studies on protein interactions. Additionally, it is employed in the preparation of specialized polymers and coatings that require precise molecular configurations. Its application extends to the field of diagnostics, where it is used in the development of reagents for detecting specific biomolecules.