This compound is primarily used in the field of pharmaceutical research and development. It serves as an intermediate in the synthesis of more complex molecules, particularly those targeting neurological and psychiatric disorders. Its structure is valuable for creating peptidomimetics, which are compounds that mimic peptides and are used to modulate biological processes. Additionally, it is utilized in the preparation of chiral drugs, where its stereochemistry plays a critical role in ensuring the desired pharmacological activity. Its application extends to the development of enzyme inhibitors and receptor modulators, making it a key component in drug discovery pipelines.