This compound is primarily used in organic synthesis as a building block for the preparation of more complex molecules. It is often employed in the development of pharmaceuticals, particularly in the synthesis of active pharmaceutical ingredients (APIs) that target neurological and psychiatric disorders. The tert-butoxycarbonyl (Boc) protecting group in the molecule is crucial for safeguarding amine functionalities during multi-step synthetic processes. Additionally, its bicyclic structure makes it a valuable intermediate in the creation of compounds with potential biological activity, such as enzyme inhibitors or receptor modulators. Its application extends to medicinal chemistry research, where it contributes to the exploration of new drug candidates.