Used as a chiral building block in organic synthesis, particularly in the production of pharmaceuticals where enantiomeric purity is crucial. It serves as an intermediate in the synthesis of various active pharmaceutical ingredients (APIs), especially those requiring the (R)-configuration for therapeutic efficacy. Additionally, it is employed in the development of fine chemicals and specialty compounds, often in asymmetric synthesis to create optically pure substances. Its application extends to research laboratories for studying stereochemical reactions and developing new chiral catalysts or reagents.