This compound is primarily used in organic synthesis as a chiral building block. It is often employed in the preparation of pharmaceuticals, particularly in the synthesis of enantiomerically pure drugs. Its structure allows it to serve as an intermediate in the production of complex molecules, especially those requiring specific stereochemistry. Additionally, it is utilized in the development of bioactive compounds and in research focused on asymmetric synthesis. Its applications extend to the creation of peptidomimetics and other biologically active molecules, making it valuable in medicinal chemistry and drug discovery.