Used primarily as a synthetic intermediate in organic chemistry, this compound serves in the preparation of complex cyclic structures. Its strained bicyclic framework makes it valuable in ring-expansion reactions and cycloaddition processes. It is also employed in the development of bioactive molecules, particularly in pharmaceutical research where fused ring systems are common. The ketone functional group allows for further derivatization, enabling the synthesis of alcohols, alkenes, or amines in multi-step routes. Its reactivity profile supports use in catalysis studies and method development for selective transformations in medicinal chemistry.