Used in pharmaceutical research as a key intermediate in the synthesis of bioactive molecules, particularly in the development of enzyme inhibitors and receptor modulators. Its rigid polycyclic structure makes it valuable for designing compounds with high selectivity and binding affinity. Also explored in medicinal chemistry for optimizing pharmacokinetic properties such as metabolic stability and membrane permeability. Additionally, derivatives of this compound are investigated for potential applications in central nervous system drugs due to their ability to cross the blood-brain barrier.