Used primarily as a synthetic intermediate in organic chemistry, this compound plays a key role in the development of pharmaceuticals due to its rigid, bridged structure that mimics bioactive conformations. Its nitrogen-containing framework is valuable in the synthesis of neuroactive agents, particularly those targeting central nervous system receptors. It has been explored in the preparation of analogs for drugs affecting cognitive function and neurological disorders. Additionally, its unique geometry makes it useful in medicinal chemistry for probing structure-activity relationships in drug design.