Used primarily in pharmaceutical research as a key intermediate in the synthesis of tropane alkaloid derivatives, particularly those with central nervous system activity. It serves as a chiral building block for developing drugs targeting neurological disorders, including Parkinson’s disease and depression. Its rigid bicyclic structure enhances selectivity and binding affinity to neurotransmitter receptors, making it valuable in designing dopamine and serotonin modulators. Also employed in the preparation of radiolabeled compounds for positron emission tomography (PET) imaging studies.