Used primarily in the synthesis of pharmaceutical compounds, this chemical serves as a key intermediate in the production of various drugs. It plays a crucial role in the development of antibiotics, antiviral medications, and other therapeutic agents. Its structural properties make it valuable for creating chiral molecules, which are essential in designing drugs with high specificity and efficacy. Additionally, it is utilized in research for studying enzyme interactions and biochemical pathways, contributing to advancements in medicinal chemistry and drug discovery.