This chemical is primarily utilized in the synthesis of chiral intermediates for pharmaceuticals, particularly in the production of enantiomerically pure compounds. It serves as a key building block in the development of active pharmaceutical ingredients (APIs) for drugs targeting neurological and inflammatory disorders. Additionally, it is employed in agrochemical research for creating pesticides and herbicides with enhanced efficacy and selectivity. Its chiral nature makes it valuable in asymmetric synthesis, enabling the production of compounds with specific stereochemical configurations required for biological activity.