Used primarily as a key intermediate in the synthesis of pharmaceuticals, particularly in the production of anticholinergic drugs. Its rigid bicyclic structure makes it valuable for constructing bioactive molecules that target the central nervous system. It is notably employed in the preparation of drugs for treating Parkinson’s disease and motion sickness due to its ability to cross the blood-brain barrier and modulate neurotransmitter activity. Additionally, derivatives of this compound are explored in medicinal chemistry for their potential in developing new cognitive enhancers and treatments for neurological disorders.