This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various pharmaceutical agents. Its structure is particularly valuable in the development of drugs targeting the central nervous system, where it can be incorporated into molecules designed to interact with specific neurotransmitter systems. Additionally, it serves as a building block in the creation of compounds with potential therapeutic effects in treating neurological disorders, such as depression, anxiety, or chronic pain. Its stereochemistry and bicyclic framework make it a versatile scaffold for optimizing drug potency and selectivity. Researchers also explore its use in the design of enzyme inhibitors, leveraging its unique chemical properties to enhance binding affinity and efficacy.