Primarily utilized in the synthesis of pharmaceuticals, this compound serves as a chiral building block in the production of various drugs. Its structure is particularly valuable in the development of active pharmaceutical ingredients (APIs) that require specific stereochemistry for efficacy. Additionally, it is employed in the creation of ligands for asymmetric catalysis, enhancing the efficiency and selectivity of chemical reactions. In agrochemical research, it is used to develop compounds with improved biological activity. Its role in organic synthesis extends to the preparation of complex molecules for research and industrial applications.