Used primarily as an intermediate in organic synthesis, especially in the pharmaceutical industry for the preparation of tropane alkaloid derivatives. Its protected amine group allows selective reactions at other functional sites, making it valuable in multi-step syntheses of bioactive molecules. Commonly employed in the development of central nervous system agents, including anticholinergics and neuroreceptor ligands. Also utilized in the creation of chiral building blocks for medicinal chemistry due to its rigid bicyclic structure.