This compound is primarily utilized in the synthesis of chiral intermediates for pharmaceuticals, particularly in the production of β-lactam antibiotics. It serves as a key building block in the preparation of optically active amino acids, which are essential for developing drugs with specific stereochemical requirements. Additionally, it is employed in organic synthesis to create peptide-based compounds, enhancing their biological activity and selectivity. Its application extends to research and development in medicinal chemistry, where it aids in the design of novel therapeutic agents targeting various diseases.