This compound is primarily utilized in the synthesis of pharmaceutical intermediates, particularly in the development of chiral molecules. Its structure makes it a valuable building block for creating complex organic compounds, especially those requiring precise stereochemistry. It is often employed in the preparation of biologically active molecules, including potential drug candidates targeting neurological disorders or other therapeutic areas. Additionally, it serves as a key reagent in asymmetric synthesis, aiding in the production of enantiomerically pure substances. Its applications extend to research and development in medicinal chemistry, where it contributes to the exploration of novel drug pathways and mechanisms.