Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of central nervous system (CNS) active compounds. Its structure supports binding to neurological receptors, making it valuable in creating analogs for cognitive enhancers and psychiatric medications. Commonly utilized in medicinal chemistry for scaffold modification to improve drug potency, selectivity, and metabolic stability. Also employed in the preparation of receptor agonists and antagonists targeting nicotinic acetylcholine receptors. Widely applied in research settings for high-throughput screening and structure-activity relationship (SAR) studies.