This compound is primarily utilized in the synthesis of complex organic molecules, particularly in the pharmaceutical industry. It serves as a key intermediate in the production of various biologically active compounds, including potential drug candidates. The Boc (tert-butoxycarbonyl) protecting group ensures selective reactions during multi-step synthetic processes, while the cyclopentane ring structure contributes to the stereochemical complexity required in many therapeutic agents. Its application is crucial in the development of enantiomerically pure substances, which are essential for creating drugs with high specificity and reduced side effects. Additionally, it is employed in peptide synthesis and the preparation of chiral building blocks for medicinal chemistry research.