This chemical is primarily utilized in the synthesis of complex organic molecules, particularly in pharmaceutical research and development. It serves as a key intermediate in the production of various biologically active compounds, including potential drug candidates. Its structure, featuring a protected amino group and an ester functionality, makes it versatile for further chemical modifications. It is often employed in the construction of cyclopentane-based frameworks, which are common in many therapeutic agents. Additionally, it is used in asymmetric synthesis to create chiral molecules, which are crucial in the development of enantiomerically pure drugs. Its stability and reactivity under controlled conditions make it a valuable building block in medicinal chemistry.