Used in pharmaceutical research as a key intermediate for developing central nervous system (CNS) active agents. Shows potential in the synthesis of compounds targeting neurological disorders due to its structural affinity for receptor modulation, particularly in serotonin and dopamine pathways. Its rigid polycyclic framework enhances binding selectivity, making it valuable in optimizing drug candidates for antipsychotic or antidepressant activity. Also explored in medicinal chemistry for structure-activity relationship (SAR) studies involving tricyclic analogs.