It can be used as reactant for preparation of piperamide analogs as histone deacetylase inhibitors with antitumor activity, boron-containing benzoxaboroles as antimalarial agents, methyl alkenyl quinolones as antimycobacterial agents, solandelactone E via sharpless epoxidation, taber cyclopropanation, chemoselective reductions and lithiation-borylation-allylation sequence, organotin compounds as antifungal agents, oleanolic acid derivatives as inhibitors of protein tyrosine phosphatase 1B for negative regulation of insulin pathway (a promising target for treatment of diabetes and obesity), 11-oxa prostaglandin analogs with ocular hypotensive activity.