Used primarily in research settings, this compound serves as a key reagent in the study of alkaloid chemistry. It is particularly valuable in the synthesis and analysis of quinolizidine alkaloids, which have significant biological activities. Additionally, it is employed in pharmacological studies to investigate its effects on the nervous system, as it interacts with nicotinic acetylcholine receptors. Its stability and solubility make it suitable for various experimental protocols in both organic chemistry and neuropharmacology.