Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of bioactive molecules targeting central nervous system disorders. Its rigid bicyclic structure supports the design of conformationally constrained compounds, enhancing selectivity and metabolic stability. Commonly employed in medicinal chemistry for structure-activity relationship studies, especially in projects involving amine-containing heterocycles. Also utilized in the preparation of enzyme inhibitors and receptor modulators due to its favorable steric and electronic properties.