Used primarily as a synthetic intermediate in organic chemistry, this compound serves in the construction of complex cycloaliphatic structures. Its bromine functionality allows for cross-coupling reactions, such as Suzuki or Heck reactions, enabling the formation of carbon-carbon bonds in pharmaceutical and agrochemical synthesis. The ester group can be hydrolyzed to the corresponding carboxylic acid or reduced to yield functionalized alcohols, making it valuable in multi-step synthesis. It is also employed in the preparation of cyclohexane-based derivatives used in medicinal chemistry, particularly in the development of bioactive molecules with constrained ring systems.