Used as a chiral building block in organic synthesis, particularly in the pharmaceutical industry for the preparation of enantiomerically pure compounds. Its reactivity allows for nucleophilic substitution at the bromine site, enabling the introduction of various functional groups while maintaining stereochemical integrity. Commonly employed in the synthesis of active pharmaceutical ingredients (APIs) where stereochemistry plays a critical role in biological activity. Also utilized in the preparation of agrochemicals and fine chemicals requiring specific optical configuration.