Used as a key intermediate in pharmaceutical synthesis, particularly in the production of active pharmaceutical ingredients (APIs) targeting central nervous system disorders. Its rigid bicyclic structure makes it valuable in drug design for enhancing selectivity and metabolic stability. Commonly found in compounds developed for neurological applications, including those with potential antidepressant, antipsychotic, or cognitive-enhancing effects. Also employed in the development of novel ligands for neurotransmitter receptors due to its favorable binding properties.