This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the preparation of various pharmacologically active molecules. Its bicyclic structure makes it a valuable building block for the development of compounds with potential therapeutic applications, particularly in the design of drugs targeting the central nervous system. The tert-butyl ester group provides stability and facilitates further chemical modifications, while the hydrochloride salt enhances its solubility and handling properties. Researchers often employ this chemical in the synthesis of complex molecules, including those with potential antiviral, antibacterial, or neurological activity. Its role in the production of chiral compounds is also noteworthy, as it can contribute to the stereochemical control of synthetic pathways.