This compound is primarily utilized in the field of organic synthesis and pharmaceutical research. It serves as a key intermediate in the development of various biologically active molecules, particularly those targeting specific enzymes or receptors. Its pyrrolizine core structure is often explored for its potential in creating compounds with anti-inflammatory, antimicrobial, or anticancer properties. Additionally, it is studied for its role in the synthesis of novel heterocyclic compounds, which are valuable in drug discovery and medicinal chemistry. Researchers also investigate its derivatives for their potential applications in treating neurological disorders due to their ability to interact with certain neural pathways.