Used as a chiral building block in the synthesis of pharmaceutical intermediates, particularly in the development of bioactive molecules and antiviral agents. Its structural features make it valuable in asymmetric synthesis, where the chiral center contributes to stereoselective reactions. Commonly employed in the preparation of enzyme inhibitors and receptor modulators due to the presence of both amino and hydroxyl functional groups, which can interact with biological targets. Also utilized in medicinal chemistry for optimizing drug candidates requiring furan-containing moieties with enhanced solubility and binding affinity.