Used as a key intermediate in pharmaceutical synthesis, particularly in the production of active pharmaceutical ingredients requiring bicyclic amine structures. It serves as a building block in the development of certain antiviral and anticancer agents due to its rigid molecular framework that enhances binding selectivity. Also employed in agrochemicals for the design of novel pesticides, where its structure contributes to improved stability and biological activity. Additionally, it functions as a ligand or catalyst precursor in specialized organic transformations, supporting cross-coupling and asymmetric synthesis reactions.