Used as a chiral building block in organic synthesis, particularly in the production of pharmaceuticals and agrochemicals. It serves as a precursor for the development of compounds with potential biological activity, such as antiviral or anti-inflammatory agents. Its rigid norbornane structure is valuable in creating stereochemically complex molecules, aiding in the study of structure-activity relationships. Additionally, it is employed in asymmetric catalysis to enhance the efficiency and selectivity of chemical reactions.