This compound is primarily utilized in the pharmaceutical industry as a key intermediate in the synthesis of various therapeutic agents. Its structural features make it valuable in the development of drugs targeting neurological disorders, particularly those involving neurotransmitter regulation. The compound's chiral centers allow for the creation of enantiomerically pure substances, which are crucial for enhancing drug efficacy and reducing side effects. Additionally, it is employed in the production of peptide-based drugs, where its unique structure can improve the stability and bioavailability of the final product. Researchers also explore its potential in designing novel inhibitors for enzymes involved in disease pathways, making it a versatile building block in medicinal chemistry.