This chemical is primarily utilized in the field of organic synthesis, particularly in the development of pharmaceutical compounds. Its structure, featuring a bicyclic framework and functional groups, makes it a valuable intermediate in the synthesis of complex molecules. It is often employed in the preparation of biologically active compounds, including potential drug candidates targeting neurological disorders. The presence of the tert-butyl ester group enhances its stability and reactivity, facilitating its use in multi-step synthetic processes. Additionally, its role in the synthesis of chiral molecules is significant, as it can contribute to the stereochemical control required in the production of enantiomerically pure substances.