Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of centrally acting agents and cognitive enhancers. It serves as a building block for compounds targeting neurological pathways, including those investigated for memory improvement and neurodegenerative disorders. Its structure supports the formation of bioactive molecules due to the presence of both amine and carbonyl functional groups, enabling diverse chemical modifications. Commonly employed in medicinal chemistry for designing inhibitors and receptor ligands.