Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of central nervous system agents. Its structural framework supports the creation of bioactive molecules with potential anxiolytic or antidepressant effects. The compound's rigid, polycyclic structure makes it valuable in medicinal chemistry for exploring structure-activity relationships in drug design. It is also employed in asymmetric synthesis due to its chiral centers, aiding in the production of enantiomerically pure compounds.