This compound is primarily utilized in organic synthesis and pharmaceutical research as a protected intermediate for the preparation of more complex molecules. Its structure, featuring both Boc (tert-butoxycarbonyl) and Cbz (carbobenzyloxy) protecting groups, allows for selective deprotection during multi-step synthetic processes. This makes it valuable in the synthesis of peptides, peptidomimetics, and other bioactive compounds where controlled functional group manipulation is required. It is particularly useful in the development of drug candidates targeting various diseases, as it enables precise modifications to the cyclopentane backbone, which is a common motif in medicinal chemistry. Additionally, its stability and ease of handling make it a preferred choice in laboratory-scale preparations.