This chemical is primarily utilized in the synthesis of complex organic molecules, particularly in pharmaceutical research and development. It serves as a key intermediate in the production of biologically active compounds, including potential drug candidates. Its structure is valuable in constructing chiral centers, which are crucial for the efficacy and specificity of many therapeutic agents. Additionally, it is employed in asymmetric synthesis to create enantiomerically pure substances, enhancing the precision of drug design and minimizing side effects. Its application extends to the development of agrochemicals, where it aids in the creation of selective and efficient pesticides or herbicides.