Used in organic synthesis for the production of pharmaceuticals, particularly in the synthesis of chiral compounds. It serves as a key intermediate in the manufacture of certain drugs, including those targeting cardiovascular and central nervous system disorders. Additionally, it is employed in the development of agrochemicals, such as pesticides and herbicides, due to its role in creating bioactive molecules. Its chiral nature makes it valuable in asymmetric synthesis, enhancing the efficiency and selectivity of chemical reactions.