Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of nicotinic acetylcholine receptor modulators. It plays a role in creating compounds aimed at treating neurological disorders such as Alzheimer's disease and schizophrenia. Its structure allows for selective interaction with brain receptors, making it valuable in medicinal chemistry for designing drugs with targeted cognitive and neuroprotective effects. Also utilized in research settings to explore new pathways in central nervous system therapies.