This compound is primarily used in pharmaceutical research and development, particularly in the synthesis of chiral molecules. It serves as a key intermediate in the production of various biologically active compounds, including potential drug candidates. Its chiral structure makes it valuable in the creation of enantiomerically pure substances, which are crucial for developing medications with specific therapeutic effects. Additionally, it is employed in peptide chemistry for the protection of amino groups during synthesis, ensuring precise and controlled reactions. Its application extends to the study of enzyme inhibitors and receptor modulators, contributing to advancements in medicinal chemistry.