Used in the synthesis of pharmaceuticals, particularly as an intermediate in the production of nootropic drugs like piracetam and related racetam family compounds. It serves as a chiral building block in organic synthesis, enabling the development of biologically active molecules with enhanced cognitive effects. Its structure supports the design of compounds targeting neurological disorders, including memory impairment and neurodegenerative conditions. Also investigated for use in medicinal chemistry for developing novel therapeutics with improved metabolic stability and blood-brain barrier penetration.