This compound is primarily used in organic synthesis as a chiral building block for the preparation of peptides and other biologically active molecules. Its allyl ester group allows for selective deprotection under mild conditions, making it valuable in peptide chemistry for constructing complex structures. Additionally, the compound serves as a precursor in the synthesis of modified amino acids and pharmaceutical intermediates. Its role in asymmetric synthesis is also notable, particularly in the development of enantiomerically pure compounds for medicinal and biochemical research.