Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of nootropic and neuroprotective agents. It plays a role in the production of racetam-class compounds, which are known for cognitive-enhancing properties. Due to its chiral structure and functional groups, it is valuable in asymmetric synthesis for creating biologically active molecules. Also explored in medicinal chemistry for potential use in treating neurological disorders such as Alzheimer's and epilepsy. Its hydrophilic nature allows for favorable pharmacokinetic profiles in drug design.