Used in pharmaceutical research as a key intermediate in the synthesis of nicotinic acetylcholine receptor (nAChR) modulators. It serves as a structural scaffold for developing compounds targeting neurological disorders such as Alzheimer's disease, Parkinson's disease, and schizophrenia. Its derivatives show potential in enhancing cognitive function and providing neuroprotection. Also explored in the development of antidepressants and anxiolytic agents due to its influence on central nervous system signaling pathways.