This compound is primarily utilized in the field of organic synthesis and pharmaceutical research. It serves as a key intermediate in the production of peptidomimetics and other biologically active molecules. Its structure, featuring both a pyrrolidine ring and a benzyloxycarbonyl protecting group, makes it valuable for constructing complex peptide analogs. Researchers often employ it in the development of protease inhibitors and other therapeutic agents targeting specific enzymatic pathways. Additionally, it is used in the study of stereochemistry and chiral synthesis due to its defined stereocenters, which are crucial for achieving high selectivity in drug design.