Used as a chiral building block in the synthesis of pharmaceuticals, particularly in the development of neuroactive compounds and central nervous system agents. Its rigid bicyclic structure and defined stereochemistry make it valuable in asymmetric synthesis, where it serves as an intermediate for creating enantiomerically pure drugs. Commonly applied in the preparation of bioactive molecules requiring specific spatial orientation for receptor binding, such as antiviral or anticonvulsant agents. Also employed in research settings for developing novel catalysts and chiral ligands in enantioselective reactions.