This compound is primarily utilized in the field of organic synthesis, particularly as an intermediate in the production of complex molecules. Its structure, featuring a bicyclic framework, makes it valuable for constructing chiral compounds, which are essential in the development of pharmaceuticals. Specifically, it is often employed in the synthesis of active pharmaceutical ingredients (APIs) that target neurological and cardiovascular disorders. The presence of the tert-butyl carbamate group enhances its stability and reactivity, allowing for selective transformations in multi-step synthetic routes. Additionally, its chiral nature is leveraged in asymmetric synthesis to produce enantiomerically pure drugs, ensuring higher efficacy and reduced side effects.