Used in pharmaceutical research as a key intermediate in the synthesis of neuroprotective agents. Shows potential in developing drugs for cognitive disorders due to its structural similarity to compounds that modulate neurotransmitter systems. Also explored for its antioxidant properties, which may contribute to cellular protection against oxidative stress. Investigated in nootropic drug development for enhancing memory and learning functions. Its fused furo-pyridine core makes it valuable in designing biologically active molecules with improved blood-brain barrier penetration.