Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of central nervous system agents. Its rigid, polycyclic structure makes it valuable in medicinal chemistry for designing compounds with high selectivity and potency, especially for neurological targets. Commonly found in research related to antidepressants, antipsychotics, and cognitive enhancers. Also employed in the preparation of chiral ligands for asymmetric synthesis due to its stereochemical stability.