This chemical is primarily utilized in the field of organic synthesis, particularly in the development of pharmaceutical compounds. Its structure makes it a valuable intermediate in the synthesis of complex molecules, especially those used in medicinal chemistry. It is often employed in the construction of bicyclic frameworks, which are common in many biologically active compounds. Additionally, it serves as a protecting group for amines during multi-step synthetic processes, ensuring the stability and reactivity of intermediates. Its application extends to the preparation of peptidomimetics and other drug-like molecules, contributing to the discovery and optimization of new therapeutic agents.