Used primarily as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of central nervous system agents and cognitive enhancers. It serves as a building block in the preparation of nootropic drugs, including certain racetam derivatives, due to its ability to form amide and lactam structures that are biologically active. Its reactivity allows for easy functionalization, making it valuable in medicinal chemistry for structure-activity relationship studies. Also explored in the design of enzyme inhibitors and neuroprotective compounds.