Used in pharmaceutical research as a key intermediate in the synthesis of selective receptor modulators, particularly in the development of central nervous system (CNS) agents. Its rigid polycyclic structure supports high binding affinity to specific neurotransmitter receptors, making it valuable in creating compounds targeting neurological disorders such as anxiety, depression, and neurodegenerative diseases. Also explored in medicinal chemistry for optimizing drug candidates due to its favorable pharmacokinetic properties and structural stability.