Used in organic synthesis as a building block for pharmaceuticals and biologically active compounds. Its bridged bicyclic structure provides rigidity and stereochemical control, making it valuable in drug design, particularly for enzyme inhibitors and central nervous system agents. The carboxylic acid group allows for easy derivatization, enabling the formation of amides, esters, and other functional groups important in medicinal chemistry. Also explored in the development of novel agrochemicals and specialty materials due to its stability and unique molecular geometry.