This compound is primarily used in the synthesis of pharmaceuticals, particularly in the production of chiral drugs. It serves as a key intermediate in the preparation of β-lactam antibiotics, such as penicillins and cephalosporins, which are essential for treating bacterial infections. Its chiral nature allows for the creation of enantiomerically pure compounds, enhancing the efficacy and reducing side effects of the final drug products. Additionally, it finds application in organic synthesis for constructing complex molecules with specific stereochemistry, making it valuable in medicinal chemistry and drug development.