Used as a chiral building block in pharmaceutical synthesis, particularly in the development of active pharmaceutical ingredients (APIs) requiring stereochemical control. Its rigid bicyclic structure and defined stereochemistry make it valuable in asymmetric synthesis and as a scaffold in medicinal chemistry. Commonly employed in the preparation of enzyme inhibitors and receptor ligands, especially in central nervous system (CNS) drug candidates. Also utilized as a resolving agent for racemic mixtures due to its chirality. Serves as a precursor in the synthesis of specialty amines and heterocyclic compounds used in agrochemicals and fine chemicals.