Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of centrally acting agents. Its rigid, polycyclic structure makes it valuable in medicinal chemistry for designing compounds with high selectivity and binding affinity to neurological targets. Commonly employed in the preparation of experimental drugs aimed at treating neurodegenerative diseases, pain, and psychiatric disorders due to its ability to mimic bioactive alkaloid frameworks. Also utilized in research settings to explore new receptor ligands, especially in serotonin and dopamine pathways.