This chemical is primarily used in organic synthesis as an intermediate for the preparation of more complex molecules, particularly in pharmaceutical research. Its structure, featuring both a tert-butyl ester and a benzyloxycarbonyl (Cbz) protecting group, makes it valuable in peptide synthesis and the development of bioactive compounds. The Cbz group is often employed to protect amines during chemical reactions, ensuring selective transformations. Additionally, the bicyclic framework of the molecule can serve as a scaffold for designing drug candidates, especially those targeting neurological or metabolic disorders. Its role in facilitating the synthesis of novel therapeutic agents highlights its importance in medicinal chemistry.