This chemical is primarily utilized in the synthesis of complex organic compounds, particularly in pharmaceutical research. It serves as a key intermediate in the development of various biologically active molecules, including potential drug candidates. Its structure is often employed in the construction of heterocyclic frameworks, which are crucial in medicinal chemistry for designing compounds with therapeutic properties. Additionally, it is used in the preparation of peptidomimetics, which mimic peptides and are valuable in drug discovery for targeting specific biological pathways. Its stability and reactivity make it a versatile building block in organic synthesis, especially for creating molecules with cyclopentane and pyrrolidine rings.