This compound is primarily utilized in the pharmaceutical industry as a key intermediate in the synthesis of cephalosporin antibiotics. Its structural properties make it essential for developing antibiotics that are effective against a wide range of bacterial infections. The compound's bicyclic structure and functional groups allow for modifications that enhance the efficacy, stability, and spectrum of activity of the resulting antibiotics. It plays a critical role in the production of advanced cephalosporins, which are widely used in clinical settings to treat infections resistant to other antibiotics. Additionally, its application extends to research and development, where it is used to explore new antibiotic formulations and improve existing ones.