This compound is primarily utilized in the pharmaceutical industry as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). Its stereochemistry makes it particularly valuable in the production of enantiomerically pure drugs, which often exhibit higher efficacy and reduced side effects compared to their racemic counterparts. Additionally, it is employed in the development of peptide-based therapeutics, where it serves as a building block for constructing complex peptide structures. Its role in medicinal chemistry extends to the creation of inhibitors and modulators for specific biological targets, contributing to the advancement of treatments for diseases such as cancer, neurological disorders, and infectious diseases.