Used primarily in the synthesis of pharmaceuticals, especially as an intermediate in the production of drugs targeting neurological and psychiatric disorders. It serves as a key building block in the development of acetylcholine receptor modulators, including compounds with potential for treating cognitive impairments such as Alzheimer's disease. Also employed in the preparation of selective ligands for nicotinic receptors, aiding research in neuropharmacology. Its rigid bicyclic structure enhances binding specificity, making it valuable in drug design for improving metabolic stability and bioavailability. Additionally, it finds use in the manufacture of agrochemicals and in medicinal chemistry research for structure-activity relationship studies.