Used as a key intermediate in organic synthesis, particularly in the preparation of pharmaceuticals and biologically active compounds. Its rigid bicyclic structure and built-in nitrogen functionality make it valuable for constructing complex molecules, especially in the development of enzyme inhibitors and receptor ligands. Commonly employed in medicinal chemistry for scaffold diversification and as a protecting group strategy in multi-step synthesis due to the stability of the tert-butyl carbamate (Boc) moiety. The compound’s alkene bridge allows for further functionalization via hydrogenation, epoxidation, or dihydroxylation, enabling versatile derivatization for drug discovery and combinatorial chemistry applications.