Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of nicotinic acetylcholine receptor modulators. Its rigid bicyclic structure makes it valuable in medicinal chemistry for enhancing selectivity and binding affinity in central nervous system agents. Commonly employed in the preparation of drugs targeting neurological disorders such as depression, Parkinson’s disease, and cognitive impairments. Also utilized in the design of novel agonists and antagonists due to its structural similarity to natural alkaloids.