Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of drugs targeting central nervous system disorders. Its structure allows for selective modifications, making it valuable in creating analogs for medicinal chemistry research. Commonly employed in the preparation of gamma-aminobutyric acid (GABA) derivatives due to its ability to mimic bioactive conformations. Also utilized in the production of fine chemicals and specialty esters for use in fragrance and flavor industries. Its stability and reactivity profile support its role in multi-step organic syntheses, especially in ring-forming reactions and heterocyclic compound construction.