Used as a key intermediate in pharmaceutical synthesis, particularly in the development of central nervous system agents and cognitive enhancers. Its rigid bicyclic structure makes it valuable in medicinal chemistry for mimicking bioactive conformations and improving metabolic stability in drug candidates. Commonly found in compounds targeting neurological disorders, including Alzheimer’s and schizophrenia research. Also employed in the design of selective receptor modulators due to its favorable binding properties with neurotransmitter receptors.