Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of central nervous system (CNS) active compounds. Its rigid, fused bicyclic structure makes it valuable in medicinal chemistry for designing molecules with specific stereochemistry and improved binding affinity. Commonly employed in the preparation of inhibitors targeting enzymes or receptors involved in neurological disorders. Also utilized in research settings to explore new bioactive molecules due to its structural similarity to natural alkaloids.