This compound is primarily utilized in the field of organic synthesis as a key intermediate for the development of more complex chemical structures. Its unique bicyclic framework makes it valuable in the creation of pharmacologically active molecules, particularly in the design of drugs targeting the central nervous system. Researchers leverage its structural features to synthesize compounds with potential therapeutic effects, such as anticonvulsants or neuroprotective agents. Additionally, its reactivity allows for modifications that can lead to the discovery of novel chemical entities with applications in medicinal chemistry.