Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of nicotinic acetylcholine receptor modulators. It plays a role in creating compounds with potential cognitive-enhancing and neuroprotective effects. Its rigid bicyclic structure makes it valuable in medicinal chemistry for conformational restriction, improving selectivity and potency in drug candidates targeting central nervous system disorders. Also explored in the design of novel antidepressants and treatments for neuropathic pain due to its ability to influence neurotransmitter activity.