This chemical is primarily utilized in organic synthesis as a building block for more complex molecules. It is often employed in the development of pharmaceutical compounds due to its bicyclic structure, which can impart stability and unique spatial properties to the final product. The tert-butoxycarbonyl (Boc) protecting group on the amino moiety allows for selective reactions to occur at other sites of the molecule, making it valuable in peptide synthesis and other multi-step chemical processes. Its bicyclo[2.2.2]octane core is particularly useful in creating rigid frameworks, which can be beneficial in designing drugs with specific binding properties or in materials science for creating stable polymers. Additionally, the carboxylic acid group provides a reactive site for further functionalization, enabling the creation of esters, amides, or other derivatives tailored to specific applications.