This chemical is widely used in the pharmaceutical industry as a chiral building block for the synthesis of various drugs and bioactive compounds. Its stereochemistry makes it valuable in creating enantiomerically pure substances, which are essential for developing medications with specific therapeutic effects. It is particularly utilized in the production of antiviral and anticancer agents, where precise molecular configuration is critical for efficacy and safety. Additionally, it serves as an intermediate in the synthesis of nootropic drugs, which enhance cognitive functions such as memory and focus. Its versatility also extends to the field of organic synthesis, where it is employed in the preparation of complex molecules for research and development purposes.