Used in pharmaceutical synthesis, particularly in the development of antiviral and neuroprotective agents. It serves as a key intermediate in the production of adamantane-based drugs, which are known for their activity against influenza viruses and neurological disorders. Its structure supports enhanced bioavailability and blood-brain barrier penetration, making it valuable in central nervous system drug design. Also investigated for use in novel cognitive enhancers and anti-Parkinson research due to its amine and hydroxyl functional groups that allow for targeted molecular modifications.