This compound is primarily utilized in the synthesis of chiral intermediates for pharmaceuticals, particularly in the production of enantiomerically pure drugs. It serves as a key building block in the development of β-amino acids, which are essential in peptide-based therapeutics. Additionally, it is employed in asymmetric synthesis to create complex molecules with high stereochemical control, making it valuable in the manufacture of active pharmaceutical ingredients (APIs) for treatments targeting cardiovascular diseases, neurological disorders, and other conditions. Its role in organic chemistry also extends to the preparation of fine chemicals and specialty materials.