This chemical is primarily utilized in organic synthesis as a key intermediate in the development of pharmaceutical compounds. Its structure is particularly valuable in the synthesis of complex molecules, especially those targeting neurological and cardiovascular diseases. The Boc (tert-butoxycarbonyl) protecting group in the compound allows for selective reactions, making it a crucial component in multi-step synthetic processes. It is often employed in the preparation of peptidomimetics and other bioactive molecules, where its bicyclic framework contributes to the stability and specificity of the final product. Additionally, it serves as a building block in the creation of novel drug candidates, particularly in the field of medicinal chemistry, where precise molecular architecture is essential for therapeutic efficacy.