This compound is primarily utilized in the synthesis of complex organic molecules, particularly in pharmaceutical research. It serves as a key intermediate in the preparation of various biologically active compounds, including potential drug candidates. The tert-butoxycarbonyl (Boc) protecting group in the molecule is crucial for safeguarding the amino functionality during multi-step synthetic processes, allowing selective reactions to occur elsewhere in the molecule. Its cyclopentene core structure is valuable in constructing cyclic frameworks often found in therapeutic agents. Additionally, the ester group provides a reactive site for further chemical modifications, enabling the creation of diverse derivatives for biological evaluation. The stereochemistry of the compound is also significant, as it can influence the biological activity of the final products, making it a valuable chiral building block in asymmetric synthesis.