This compound is primarily utilized in the synthesis of complex organic molecules, particularly in pharmaceutical research. It serves as a key intermediate in the development of biologically active compounds, including potential drug candidates. Its structure, featuring a cyclopentane ring fused with an isoxazole moiety, makes it valuable for constructing molecules with specific stereochemistry and functional groups. The tert-butoxycarbonyl (Boc) protecting group allows for selective deprotection during multi-step synthetic processes, enabling precise control over the final product. Additionally, its carboxylate ester functionality can be further modified to introduce diverse chemical properties, making it versatile in medicinal chemistry and drug discovery efforts.