Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the production of analgesic and anti-inflammatory agents. Its structure allows for further functionalization, making it valuable in creating active pharmaceutical ingredients (APIs) with cyclohexane backbone modifications. Commonly employed in research and development for drug discovery due to its reactivity and versatility in organic transformations such as reduction, alkylation, and condensation reactions. Also utilized in the preparation of fragrances and flavoring compounds where ester functionality contributes to desired olfactory properties.