Used as a key intermediate in the synthesis of antiviral and neuroprotective agents. Plays a role in the development of drugs targeting influenza and Parkinson’s disease due to its ability to cross the blood-brain barrier. Its rigid adamantane backbone enhances binding affinity to biological targets, making it valuable in medicinal chemistry for designing enzyme inhibitors and receptor modulators. Also employed in the preparation of functionalized adamantane derivatives for use in pharmaceutical research and drug discovery.