Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of protease inhibitors and other biologically active molecules. Its rigid bicyclic structure and functional groups make it valuable for constructing stereoselective drug candidates, especially in antiviral and anticancer research. The presence of both carboxylic acid and carbamate functionalities allows for versatile coupling reactions, enabling incorporation into larger peptide-like frameworks. Commonly employed in medicinal chemistry for structure-activity relationship (SAR) studies due to its conformational restraint and ability to mimic amino acid motifs.