This compound is primarily utilized in the field of pharmaceutical research and development. It serves as a key intermediate in the synthesis of various peptide-based drugs. Due to its chiral nature, it is particularly valuable in the production of enantiomerically pure compounds, which are essential for creating medications with high specificity and efficacy. Additionally, it is employed in the preparation of active pharmaceutical ingredients (APIs) that target neurological and metabolic disorders. Its role in facilitating the construction of complex molecular structures makes it a critical component in the advancement of therapeutic agents.