This compound is primarily used in the synthesis of pharmaceuticals, particularly in the development of chiral drugs. It serves as a key intermediate in the production of beta-amino acids, which are essential building blocks for various therapeutic agents. Its chiral nature makes it valuable in creating enantiomerically pure compounds, enhancing the efficacy and reducing side effects of medications. Additionally, it is utilized in peptide synthesis, contributing to the creation of complex peptide-based drugs and biologics. Its stability and reactivity also make it suitable for use in organic chemistry research and drug discovery processes.