Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of nicotinic acetylcholine receptor modulators. It plays a role in creating compounds with potential cognitive-enhancing and neuroprotective effects. Its rigid bicyclic structure helps improve selectivity and binding affinity in drug candidates targeting neurological disorders such as Alzheimer's and Parkinson's diseases. Also employed in agrochemical research for designing novel pesticides with improved efficacy and environmental safety.