This compound is primarily utilized in the pharmaceutical industry as an intermediate in the synthesis of various active pharmaceutical ingredients (APIs). Its structure is particularly valuable in the development of drugs targeting neurological disorders, as it can be modified to enhance blood-brain barrier penetration. Additionally, it serves as a key building block in the production of nootropic agents, which are compounds designed to improve cognitive function. Its ester and pyrrolidine moieties make it a versatile precursor in organic synthesis, enabling the creation of complex molecules with potential therapeutic applications.