It is primarily used as an intermediate in organic synthesis, particularly in the production of pharmaceuticals. Its structure is valuable for constructing complex molecules, often serving as a building block in the development of active pharmaceutical ingredients (APIs). The compound is also utilized in research settings for studying chemical reactions and developing new synthetic pathways. Its functional groups make it versatile for modifications, enabling the creation of diverse chemical entities. Additionally, it finds application in the preparation of pyrrolidine derivatives, which are important in medicinal chemistry for their biological activity.