Used in pharmaceutical synthesis as an intermediate for drugs targeting neurological disorders. Exhibits activity as a building block in the development of adamantane-based therapeutics, particularly in antiviral and neuroprotective agents. Its rigid structure enhances metabolic stability and bioavailability in drug design. Commonly employed in research for NMDA receptor modulation and antiparkinsonian drug candidates. Also utilized in the preparation of nootropic compounds due to its ability to cross the blood-brain barrier efficiently.