This chemical is primarily utilized in the field of organic synthesis, particularly in the development of complex molecular structures. Its unique bicyclic framework and functional groups make it a valuable building block for constructing specialized compounds, especially in pharmaceutical research. It is often employed in the synthesis of biologically active molecules, where its structure can contribute to the stability and specificity of the final product. Additionally, it finds application in the preparation of advanced materials, where its properties can enhance performance characteristics. The compound’s versatility also makes it useful in peptide chemistry, where it can serve as a protecting group or linker in the assembly of peptide chains.