This chemical is primarily utilized in organic synthesis as a versatile intermediate. It is often employed in the preparation of complex molecules, particularly in pharmaceutical research and development. Its structure allows it to act as a building block for the synthesis of pyrrolidine derivatives, which are key components in various bioactive compounds. Additionally, it is used in the production of chiral catalysts and ligands, aiding in asymmetric synthesis processes. Its stability and reactivity make it a valuable reagent in the construction of nitrogen-containing heterocycles, which are essential in drug discovery and medicinal chemistry applications.