Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various bioactive molecules. Its chiral structure makes it valuable in the production of enantiomerically pure drugs, particularly those targeting neurological and metabolic disorders. It is also employed in peptide chemistry for constructing complex peptide chains, enhancing the stability and efficacy of therapeutic peptides. Additionally, it finds application in asymmetric synthesis, aiding in the creation of compounds with high stereochemical precision for use in medicinal chemistry and drug discovery.