Used as a chiral building block in asymmetric synthesis, particularly in the pharmaceutical industry for the development of enantiomerically pure drugs. Its stereochemistry makes it valuable in the preparation of intermediates for active pharmaceutical ingredients where specific enantiomeric forms are required for optimal biological activity. Also employed in the synthesis of fine chemicals and agrochemicals, where chirality influences efficacy and selectivity. Commonly utilized in research and development for designing catalysts or ligands in enantioselective reactions.