This compound is primarily utilized in the field of pharmaceutical research and development, particularly in the synthesis of biologically active molecules. It serves as a key intermediate in the production of various drugs, especially those targeting neurological and cardiovascular disorders. Its structure, featuring a pyrrolidine ring and a benzyloxycarbonyl protecting group, makes it valuable for constructing complex peptide-based therapeutics. Additionally, it is employed in the preparation of chiral compounds due to its stereospecificity, which is crucial for developing enantiomerically pure drugs with enhanced efficacy and reduced side effects. Its application extends to organic synthesis, where it is used to create novel compounds for medicinal chemistry and drug discovery programs.