This chemical is primarily utilized in the field of pharmaceutical research and development. It serves as a key intermediate in the synthesis of various biologically active compounds, particularly those targeting neurological disorders. Its bicyclic structure makes it a valuable building block for creating molecules that interact with specific receptors in the brain, such as those involved in pain management or cognitive function. Additionally, its tert-butyl ester group enhances stability, making it suitable for use in complex multi-step synthetic processes. Researchers often employ it in the design and optimization of drug candidates, leveraging its unique scaffold to improve potency and selectivity.