This chemical is primarily utilized in organic synthesis as a key intermediate for the preparation of complex bicyclic structures. Its unique bicyclic framework and functional groups make it valuable in the development of pharmaceuticals, particularly in the synthesis of alkaloid-like compounds. It is often employed in cyclization reactions to construct nitrogen-containing heterocycles, which are essential in drug discovery for their biological activity. Additionally, it serves as a building block in the creation of ligands for catalytic systems, aiding in asymmetric synthesis processes. Its tosyl group also allows for further functionalization, enabling the design of diverse molecular architectures.