This compound is primarily utilized in the pharmaceutical industry as a key intermediate in the synthesis of various biologically active molecules. Its structure, featuring both an amino group and a carboxylate ester, makes it a versatile building block for constructing complex drug candidates. It is particularly valuable in the development of antiviral and anticancer agents, where its cyclopentene core can be incorporated into larger frameworks to enhance drug efficacy and selectivity. Additionally, it is employed in organic synthesis for the preparation of chiral compounds, leveraging its stereochemistry to achieve high enantiomeric purity in final products. Its applications extend to research settings, where it is used to study reaction mechanisms and develop novel synthetic methodologies.