Used in organic synthesis as an intermediate for creating complex natural product frameworks, particularly in the development of terpenoid and iridoid-based compounds. Shows potential in pharmaceutical research due to structural features that support bioactivity, including anti-inflammatory and antimicrobial properties. Also employed in studies exploring plant secondary metabolites, given its structural similarity to compounds involved in plant defense mechanisms. Its reactivity makes it valuable in cyclization and rearrangement reactions aimed at building polycyclic ring systems.