Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of central nervous system (CNS) agents. Its structural framework supports the creation of bioactive molecules with potential activity as neuroactive drugs, including those targeting depression, anxiety, or neurodegenerative conditions. The compound's rigid, polycyclic structure makes it valuable in medicinal chemistry for exploring structure-activity relationships in drug design. It is also employed in research settings to develop novel analogs with improved selectivity and pharmacokinetic profiles.