Used primarily in the field of medicinal chemistry, it serves as a key intermediate in the synthesis of galantamine, a drug widely prescribed for the treatment of mild to moderate Alzheimer's disease. Its role is crucial in the production process, ensuring the efficient and scalable manufacture of galantamine. Additionally, it has been explored in research for its potential neuroprotective properties, contributing to studies aimed at understanding and mitigating neurodegenerative conditions. Its application extends to academic and industrial laboratories where it is utilized in the development of novel therapeutic agents targeting cognitive disorders.