Used primarily in the pharmaceutical industry as a chiral resolving agent, this compound plays a key role in the separation of enantiomers, particularly in the purification of racemic mixtures of basic drugs. Its rigid bicyclic structure and stereochemical properties make it effective in forming diastereomeric salts with chiral acids, enabling the isolation of single enantiomers with high optical purity. It is especially valuable in the synthesis of active pharmaceutical ingredients where stereochemistry significantly impacts drug efficacy and safety. Additionally, it has been employed in asymmetric synthesis and as a chiral auxiliary in organic reactions to control stereoselectivity.