Used as a chiral building block in the synthesis of pharmaceuticals, particularly in the development of beta-blockers, antimicrobials, enzyme inhibitors, and other cardiovascular drugs. Its stereochemistry allows for selective reactions in asymmetric synthesis, making it valuable in producing enantiomerically pure compounds. Also employed in the preparation of agrochemicals and bioactive molecules where precise spatial arrangement of functional groups is critical. The hydroxyl, carboxylic acid, and bromomethyl groups enable further derivatization, such as nucleophilic substitution, esterification, or coupling reactions, facilitating its incorporation into more complex structures.