This compound is primarily utilized in the synthesis of chiral molecules, particularly in the pharmaceutical industry, where it serves as a key intermediate for producing enantiomerically pure drugs. Its stereochemistry makes it valuable in the development of active pharmaceutical ingredients (APIs) that require specific chiral configurations for efficacy and safety. Additionally, it is employed in organic synthesis for constructing complex molecules, including peptides and amino acid derivatives, due to its functional groups that facilitate selective reactions. Its role in asymmetric synthesis is also notable, as it aids in achieving high enantioselectivity in various chemical transformations.