Used as a chiral auxiliary and building block in asymmetric synthesis, enabling the formation of stereoselective intermediates in pharmaceuticals and fine chemicals. Its rigid bicyclic structure helps control stereochemistry in reactions such as alkylations, aldol additions, and cyclizations. Commonly employed in the development of enantiomerically pure compounds, especially in medicinal chemistry for synthesizing bioactive molecules. Also utilized in catalysis and as a precursor for chiral ligands and organocatalysts.