Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of cholinesterase inhibitors and nootropic agents. Its rigid bicyclic structure makes it valuable in medicinal chemistry for designing compounds with high selectivity and potency. Commonly employed in the production of drugs targeting cognitive disorders, including Alzheimer’s disease. Also utilized in the preparation of enzyme inhibitors and receptor ligands due to its favorable stereochemistry and ability to mimic natural neurotransmitters.