Used primarily as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of central nervous system (CNS) active compounds. Its rigid polycyclic structure and functional groups make it valuable in medicinal chemistry for constructing molecules with specific stereochemistry and binding affinity. It is especially relevant in the design of serotonin and dopamine receptor modulators, contributing to the research and development of treatments for neurological and psychiatric disorders such as depression, anxiety, and schizophrenia. The compound's stability and reactivity profile also support its use in high-yield synthetic routes, improving efficiency in drug discovery and process chemistry.