This compound is primarily utilized in the synthesis of peptides and pharmaceutical intermediates. It serves as a building block in the production of various bioactive molecules, particularly in the development of drugs targeting neurological and metabolic disorders. Its enantiomeric purity makes it valuable in asymmetric synthesis, ensuring the creation of optically active compounds. Additionally, it is employed in research laboratories for studying enzyme mechanisms and protein interactions due to its structural similarity to natural amino acids. Its ester group enhances its solubility, facilitating its use in organic reactions and drug formulation processes.