Used in organic synthesis as a complex intermediate in the development of bioactive molecules, particularly in the preparation of steroidal and terpenoid analogs. Its rigid polycyclic framework supports research in medicinal chemistry for designing compounds with specific stereochemistry. Commonly employed in studies exploring anti-inflammatory and anticancer agents due to its structural similarity to natural terpenes. Also utilized in asymmetric synthesis to investigate stereoselective transformations, leveraging its multiple chiral centers for selective functionalization.