This compound is primarily utilized in the field of medicinal chemistry as an intermediate in the synthesis of complex pharmaceutical agents. Its structure, featuring a bicyclic system and a tert-butoxycarbonyl (Boc) protecting group, makes it valuable for constructing molecules with specific biological activities. It is often employed in the development of drugs targeting neurological disorders, as the azabicyclo[3.2.1]octane moiety can mimic certain neurotransmitter structures. Additionally, the Boc group allows for selective deprotection during multi-step synthesis, enabling precise modifications to the molecule. This chemical is also explored in the creation of peptidomimetics, which are used to inhibit protein-protein interactions in therapeutic applications. Its versatility makes it a key component in the design of novel bioactive compounds.