Used as a chiral building block in the synthesis of complex organic molecules, particularly in pharmaceuticals where stereochemistry plays a critical role. Its rigid bicyclic structure and defined stereocenters make it valuable in asymmetric synthesis and as a scaffold in medicinal chemistry for developing enzyme inhibitors or receptor modulators. The hydroxyl group allows for further functionalization, enabling incorporation into larger molecular architectures. Its dibenzyl ether groups can be selectively deprotected, offering versatility in synthetic pathways.