Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of centrally acting agents such as antipsychotics and antidepressants. Its rigid bicyclic structure contributes to enhanced selectivity and binding affinity toward neurological targets. Commonly employed in medicinal chemistry for constructing chiral, three-dimensional scaffolds that improve metabolic stability and bioavailability in drug candidates. Also utilized in asymmetric synthesis due to its ability to serve as a chiral building block.