Used as a chiral intermediate in the synthesis of pharmaceuticals, particularly in the development of β-adrenergic receptor blockers and other bioactive molecules. Its hydroxyl and carbamate functional groups allow for selective chemical modifications, making it valuable in asymmetric synthesis. The compound's stereochemistry supports high enantioselectivity in drug synthesis, improving efficacy and reducing side effects in final active pharmaceutical ingredients. Commonly employed in research settings for building complex organic molecules with defined spatial orientation.