Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of central nervous system agents. Its structure supports the creation of bioactive molecules due to the presence of a rigid bicyclic framework and a functionalized nitrogen center. Commonly employed in medicinal chemistry for designing receptor ligands, especially for neurological targets. The ester group allows for further chemical modifications, enabling the preparation of amides, acids, or alcohols in multi-step synthetic routes. Also explored in the production of analogs for structure-activity relationship studies.