Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of nicotinic acetylcholine receptor modulators. It serves in the preparation of compounds with potential neurological applications, including those targeting cognitive disorders and neurodegenerative diseases. Its structure allows for efficient derivatization, making it valuable in medicinal chemistry for creating libraries of bioactive molecules. Also employed in research settings to study receptor binding and signal transduction mechanisms involving nicotinic receptors.