This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various pharmacologically active molecules. Its structure, featuring a benzyl-substituted azabicyclo ring system, makes it valuable for developing compounds that interact with central nervous system (CNS) targets. It is often employed in the creation of potential therapeutic agents for neurological disorders, including analgesics and antidepressants. Additionally, its unique bicyclic framework allows for modifications that enhance binding affinity and selectivity toward specific receptors, making it a versatile building block in drug discovery and development.