Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of central nervous system (CNS) active compounds. It serves as a building block for alkaloid derivatives with potential antihypertensive, antiarrhythmic, and neuroprotective properties. Its structure supports the creation of complex heterocyclic systems found in bioactive molecules, making it valuable in medicinal chemistry research and drug discovery. Also employed in the preparation of selective enzyme inhibitors and receptor ligands for neurological targets.