Used as a chiral building block in organic synthesis, particularly in the production of pharmaceuticals and fine chemicals. It serves as a key intermediate in the synthesis of complex molecules, enabling the creation of enantiomerically pure compounds. Its application is crucial in asymmetric synthesis, where it helps control stereochemistry to produce desired chiral products. Additionally, it is employed in the development of biologically active compounds, including drugs and agrochemicals, due to its ability to introduce specific chiral centers.