Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of neuroactive compounds and alkaloid derivatives. Its rigid bicyclic structure makes it valuable in medicinal chemistry for mimicking bioactive conformations in drug design. Commonly employed in the preparation of receptor ligands targeting central nervous system disorders, including Parkinson’s and Alzheimer’s diseases. Also utilized in the creation of chiral building blocks for asymmetric synthesis, enhancing the efficiency of producing enantiomerically pure drugs.