This chemical is primarily utilized in the field of organic synthesis, particularly as an intermediate in the production of complex organic molecules. Its unique bicyclic structure and functional groups make it a valuable building block for the development of pharmaceuticals, especially in the synthesis of nucleoside analogs and antiviral agents. The compound’s stereochemistry and oxygen-containing ring system are leveraged to create molecules with specific biological activities. Additionally, it is employed in research settings to study stereoselective reactions and to develop novel synthetic methodologies for constructing intricate molecular architectures. Its application is critical in advancing drug discovery and the development of therapeutic compounds targeting various diseases.