Used as a chiral building block in the synthesis of pharmaceuticals, particularly in the production of enantiomerically pure drugs. Its structure allows for selective interactions in biological systems, making it valuable in the development of central nervous system agents and cardiovascular medications. Commonly employed in asymmetric synthesis to introduce chirality, enhancing the efficacy and safety profile of active pharmaceutical ingredients. Also utilized in the preparation of intermediates for agrochemicals and specialty chemicals requiring high optical purity.