Used in pharmaceutical research as a key intermediate in the synthesis of biologically active compounds, particularly those targeting central nervous system disorders. Its rigid bicyclic structure and nitrogen-containing ring make it valuable for designing ligands that interact with neurotransmitter receptors. It is also employed in the development of novel analogs for structure-activity relationship studies, especially in pain management and psychiatric drug discovery. The compound's scaffold is explored for enhancing selectivity and metabolic stability in new drug candidates.