This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various pharmaceutical agents. Its chiral structure makes it valuable for the development of enantiomerically pure drugs, particularly those targeting specific biological pathways. It is often employed in the preparation of protease inhibitors, which are crucial in treating diseases like HIV and hepatitis C. Additionally, its functional groups allow for further chemical modifications, enabling the creation of diverse bioactive molecules with potential therapeutic applications. Researchers also explore its use in peptide mimetics, where it helps mimic the structure and function of natural peptides, aiding in drug discovery and development.