This compound is primarily used as an intermediate in the synthesis of complex organic molecules, particularly in the pharmaceutical industry. Its unique bicyclic structure makes it valuable for constructing chiral frameworks, which are essential in the development of drugs with specific stereochemistry. It is often employed in the production of antiviral and antibacterial agents, where precise molecular orientation is critical for efficacy. Additionally, it serves as a building block in the creation of peptidomimetics, which mimic peptides and are used to design enzyme inhibitors or receptor modulators. Its tert-butyl group provides steric protection during synthetic processes, ensuring the integrity of the molecule during complex reactions.