This chemical is primarily utilized in the field of organic synthesis, particularly in the development of pharmaceutical compounds. It serves as a key intermediate in the production of various bioactive molecules, including those with potential therapeutic applications. Its structure is often exploited in the synthesis of chiral compounds, where its stereochemistry plays a crucial role in achieving high enantiomeric purity. Additionally, it is used in research settings to study and develop novel drugs, especially those targeting neurological disorders or other conditions requiring precise molecular interactions. Its stability and reactivity make it a valuable component in the preparation of complex organic molecules for medicinal chemistry.