Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the production of β-amino alcohols and chiral building blocks for drug development. Its cyano and hydroxyl functional groups allow for further chemical transformations, making it valuable in creating complex organic molecules. Commonly employed in the preparation of protease inhibitors and other bioactive compounds. Also utilized in asymmetric synthesis due to its ability to form stereoselective intermediates. Suitable for use in research settings for developing new therapeutic agents.