$name$ is a versatile compound that plays a crucial role in chemical synthesis. It is commonly used as a chiral starting material in the production of various pharmaceuticals, agricultural chemicals, and fine chemicals. Due to its unique molecular structure, $name$ serves as a valuable building block for creating complex molecules with high stereochemical purity. In addition, $name$ can also act as a key reagent in the construction of biologically active compounds, making it indispensable in drug discovery and development processes. Its applications in chemical synthesis extend to the creation of novel materials and catalysts, showcasing its importance in advancing the field of organic chemistry.
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