This compound is primarily used in the synthesis of pharmaceutical intermediates, particularly in the development of drugs targeting central nervous system disorders. It serves as a key building block in the preparation of cyclopentylamine derivatives, which are often incorporated into molecules designed to interact with specific receptors or enzymes in the brain. Its application extends to the production of compounds with potential therapeutic effects in conditions such as anxiety, depression, and neurodegenerative diseases. Additionally, it is utilized in research settings for the exploration of novel bioactive molecules, contributing to advancements in medicinal chemistry and drug discovery.