Used primarily as a building block in pharmaceutical synthesis, this compound serves as a key intermediate in the development of drugs targeting neurological and psychiatric disorders. Its rigid bicyclic structure enhances binding selectivity and metabolic stability in active pharmaceutical ingredients. It is notably employed in the preparation of gamma-aminobutyric acid (GABA) analogs and receptor modulators. Additionally, it finds use in medicinal chemistry for structure-activity relationship (SAR) studies due to its favorable stereochemistry and functional group compatibility.