Used as a chiral building block in the synthesis of pharmaceuticals, particularly in the production of antibiotics and antiviral agents. Its enantiomeric purity makes it valuable in asymmetric synthesis, where it helps control stereochemistry in complex molecules. Also employed in the preparation of catalysts and ligands for enantioselective reactions. Additionally, it finds use in the development of agrochemicals and biologically active compounds due to its amino alcohol functionality, which can interact with enzymes and receptors.