Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of central nervous system (CNS) active compounds. Its structure supports the creation of potent modulators of neurotransmitter receptors, making it valuable in research for treating neurological and psychiatric disorders. Commonly employed in medicinal chemistry for structure-activity relationship (SAR) studies due to its rigid polycyclic framework and ability to influence binding affinity and selectivity in drug candidates.