Used primarily as a synthetic intermediate in organic chemistry, this compound serves in the construction of complex bicyclic frameworks found in pharmaceuticals and agrochemicals. Its bromine functionality allows for cross-coupling reactions, enabling the introduction of various substituents to the norbornane structure. It is also employed in the development of novel ligands and catalysts due to the rigidity of its bridged ring system. Additionally, it finds use in medicinal chemistry for probing steric and electronic effects in drug design.