This compound is primarily utilized in the synthesis of chiral building blocks for pharmaceuticals, particularly in the development of drugs targeting neurological disorders. Its structure is valuable in creating enantiomerically pure compounds, which are essential for ensuring the efficacy and safety of therapeutic agents. Additionally, it serves as a key intermediate in the production of peptide mimics and enzyme inhibitors, contributing to advancements in medicinal chemistry and drug discovery. Its application extends to research in asymmetric synthesis, where it aids in the development of novel catalysts and methodologies.