Used primarily as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of central nervous system (CNS) active compounds. Its rigid bicyclic structure and functional groups allow for selective modifications, making it valuable in creating potent and selective receptor ligands. Commonly employed in the preparation of tropane-based derivatives, which are explored for their anticholinergic, analgesic, and neuroactive properties. The ester groups facilitate coupling reactions and controlled hydrolysis, enabling stepwise construction of complex drug molecules. Its stereochemistry supports high binding affinity in biological targets, especially in neurological and psychiatric drug research.