Used as a key intermediate in the synthesis of biologically active compounds, particularly in pharmaceuticals targeting central nervous system disorders. Its strained bicyclic structure makes it valuable for constructing rigid molecular frameworks that enhance binding selectivity and metabolic stability. Commonly employed in the development of enzyme inhibitors and receptor modulators due to its ability to mimic transition states or enforce specific conformations in drug candidates. Also utilized in agrochemical research for designing novel pesticides with improved efficacy and environmental profiles.