Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs) requiring chiral, nitrogen-containing heterocyclic structures. Its rigid bicyclic framework makes it valuable in medicinal chemistry for designing enzyme inhibitors and receptor ligands. Commonly employed in the production of central nervous system (CNS) agents and bioactive molecules where stereochemistry plays a critical role in activity. Also utilized in asymmetric synthesis and catalysis due to its stable chiral configuration.