Used in pharmaceutical synthesis as a chiral building block for developing bioactive molecules, particularly in the production of neuroactive drugs and enzyme inhibitors. Its rigid bicyclic structure and functional groups make it valuable for designing compounds with high selectivity and binding affinity. Commonly employed in the development of central nervous system agents and as an intermediate in the synthesis of nicotinic receptor modulators. Also utilized in medicinal chemistry for structure-activity relationship studies due to its stereochemical stability and polarity.