Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of central nervous system (CNS) agents. Its structure supports the creation of bioactive molecules due to the presence of both amine and hydroxyl functional groups in a constrained ring system, enhancing metabolic stability and target selectivity. Commonly employed in the preparation of neuroactive drugs, including those targeting epilepsy, neuropathic pain, and anxiety disorders. Also utilized in medicinal chemistry research for scaffold modification to improve drug potency and pharmacokinetic properties.