Used as a key intermediate in organic synthesis, particularly in the preparation of cyclopentane-based pharmaceuticals and bioactive molecules. Its nitrile and ester functional groups allow for versatile transformations, such as hydrolysis, reduction, and cyclization reactions. Commonly employed in the development of enzyme inhibitors and central nervous system agents due to the rigid cyclopentane scaffold it provides. Also utilized in the synthesis of specialty chemicals and agrochemicals where a substituted cyclopentane ring is required.