This compound is primarily utilized in organic synthesis as a chiral building block. Its stereochemistry makes it valuable for constructing complex molecules with specific spatial arrangements, particularly in pharmaceuticals and agrochemicals. The bromine atoms in the structure provide reactive sites for further functionalization, enabling the creation of diverse derivatives. It is often employed in asymmetric synthesis to produce enantiomerically pure compounds, which are crucial in drug development. Additionally, its hydroxyl group allows for further modifications, such as esterification or etherification, enhancing its versatility in synthetic applications.