This compound is primarily utilized in organic synthesis as a versatile intermediate, particularly in the development of pharmaceuticals and bioactive molecules. Its structure, featuring both hydroxymethyl groups and a tert-butyl carboxylate moiety, makes it a valuable building block for constructing complex pyrrolidine-based frameworks. It is often employed in the synthesis of chiral compounds, where the pyrrolidine ring serves as a key scaffold in drug design, such as in the production of antiviral or anticancer agents. Additionally, its protective groups allow for selective modifications, enabling the creation of tailored molecules for medicinal chemistry research.