Used in the synthesis of various pharmaceuticals, particularly in the development of drugs targeting neurological disorders. It serves as a key intermediate in the production of compounds with potential antidepressant and anxiolytic properties. Additionally, it is employed in organic chemistry research for the creation of complex cyclic structures, aiding in the study of stereochemistry and reaction mechanisms. Its applications extend to the field of material science, where it is utilized in the development of biodegradable polymers and specialty chemicals.