This chemical is primarily used in pharmaceutical research and development, particularly as an intermediate in the synthesis of complex organic compounds. Its structure, featuring a bicyclic system and a carbamate group, makes it valuable for designing molecules with specific biological activities. It is often employed in the creation of potential drug candidates targeting neurological disorders, as the bicyclo[3.2.1]octane moiety can mimic certain natural substrates in the brain. Additionally, its amino group allows for further functionalization, enabling chemists to tailor the compound for specific therapeutic applications. The compound is also explored in medicinal chemistry for its potential role in developing enzyme inhibitors or receptor modulators.