This compound is primarily utilized in the synthesis of complex organic molecules, particularly in the field of medicinal chemistry. It serves as a key intermediate in the production of peptide-based drugs, where its structure aids in the formation of specific peptide bonds. Additionally, it is employed in the development of bioactive compounds that target various diseases, including cancer and neurological disorders. Its chiral center makes it valuable in asymmetric synthesis, enabling the creation of enantiomerically pure substances, which are crucial for the efficacy and safety of pharmaceuticals.