Used primarily in organic synthesis, it serves as a building block for creating complex molecules, particularly in pharmaceuticals. It is employed in the production of antiviral and antibacterial agents due to its adamantane structure, which enhances drug stability and efficacy. Additionally, it acts as a precursor in the synthesis of polymers and coatings, offering improved thermal and chemical resistance. In research, it is utilized to study enzyme inhibition and receptor binding mechanisms, aiding in the development of targeted therapies. Its unique structure also makes it valuable in material science for designing advanced nanomaterials.