This compound is primarily utilized in the field of organic synthesis, particularly as a chiral building block or intermediate in the production of pharmaceuticals. Its stereochemistry makes it valuable for constructing complex molecules with specific enantiomeric properties, which is crucial in drug development to ensure efficacy and reduce side effects. It is often employed in asymmetric synthesis to create biologically active compounds, such as inhibitors or receptor modulators. Additionally, it serves as a precursor in the synthesis of natural products and fine chemicals, where precise control over molecular configuration is required. Its application extends to research laboratories for developing novel synthetic methodologies and exploring new chemical reactions.