This compound is primarily utilized in the field of pharmaceutical research and development. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting neurological and cardiovascular disorders. Its unique stereochemistry and structural framework make it a valuable building block for creating peptide-based drugs and enzyme inhibitors. Additionally, it is explored in the design of compounds with potential anti-inflammatory, analgesic, and antiviral properties. Its application extends to the study of receptor-ligand interactions, aiding in the discovery of novel therapeutic agents.