Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of central nervous system (CNS) active compounds. Its structure supports the creation of potent ligands for neurological receptors, making it valuable in research for anxiolytic and anticonvulsant drugs. The compound's rigid polycyclic framework enhances binding selectivity and metabolic stability in drug candidates. It is also explored in medicinal chemistry for designing novel therapeutics targeting neurological disorders.