Used as an intermediate in organic synthesis, particularly in the production of pharmaceuticals. It serves as a building block for active pharmaceutical ingredients (APIs) due to the presence of both amine and alcohol functional groups, which allow for diverse chemical modifications. Commonly applied in the development of central nervous system agents and enzyme inhibitors. Its cyclopentyl structure contributes to lipid solubility, enhancing bioavailability in drug design. Also utilized in the synthesis of specialty chemicals and chiral compounds for asymmetric synthesis.