Used as an intermediate in the synthesis of pharmaceutical compounds, particularly in the development of nicotinic acetylcholine receptor agonists. It plays a key role in creating analogs for potential treatments of neurological disorders such as Alzheimer's disease and attention deficit hyperactivity disorder (ADHD). The compound's structure allows for selective modification, making it valuable in medicinal chemistry for optimizing drug candidates targeting central nervous system pathways. It is also employed in research settings to study receptor binding and bioavailability of related therapeutic agents.