This compound is primarily utilized in organic synthesis and pharmaceutical research. It serves as a key intermediate in the development of various biologically active molecules, particularly in the synthesis of alkaloids and other nitrogen-containing heterocycles. Its bicyclic structure and protected amino group make it a valuable building block for constructing complex drug candidates, especially those targeting neurological and psychiatric disorders. Additionally, it is employed in the preparation of ligands for asymmetric catalysis, enhancing the efficiency of chiral synthesis in medicinal chemistry.