This compound is primarily utilized in the pharmaceutical industry as a key intermediate in the synthesis of various bioactive molecules. Its structure, featuring both amino and ester functional groups, makes it a versatile building block for the development of cyclopentane-based drugs. It is particularly valuable in the creation of antiviral and anticancer agents, where the cyclopentane ring contributes to the stability and specificity of the active pharmaceutical ingredients. Additionally, its chiral centers allow for the production of enantiomerically pure compounds, which is crucial for ensuring the efficacy and safety of therapeutic drugs. Researchers also employ this chemical in medicinal chemistry studies to explore novel drug candidates targeting specific biological pathways.