Used as a key intermediate in the synthesis of bioactive molecules, particularly in pharmaceutical development. The compound's rigid bicyclopentane core serves as a bioisostere for phenyl or other aromatic rings, improving metabolic stability and solubility in drug candidates. It is commonly employed in medicinal chemistry to construct novel amine-containing compounds, especially in the discovery of CNS-targeted drugs and kinase inhibitors. The Boc-protected amine allows for controlled deprotection and further derivatization in multi-step syntheses, making it valuable in building complex, three-dimensional molecular architectures.