This compound is primarily utilized in the synthesis of pharmaceuticals, particularly in the development of chiral drugs. Its structure, featuring both an amino group and an ester functional group, makes it a valuable intermediate in asymmetric synthesis. It is often employed in the production of cyclopentane-based compounds, which are crucial in creating active pharmaceutical ingredients (APIs) for treatments targeting neurological disorders, cardiovascular diseases, and other therapeutic areas. Additionally, its chiral nature allows for the creation of enantiomerically pure substances, enhancing the efficacy and reducing the side effects of the resulting drugs.