Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of neuroactive compounds and receptor modulators. Its rigid bicyclic structure and protected amine group make it valuable in medicinal chemistry for constructing complex molecules with high selectivity. Commonly employed in the preparation of cognitive enhancers and treatments targeting neurological disorders such as Alzheimer's and Parkinson's diseases. Also utilized in research settings for scaffold development in drug discovery due to its favorable stereochemistry and functional group compatibility.