Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of neuroactive compounds and central nervous system agents. Its structure supports the formation of bioactive molecules due to the presence of a reactive enol and a protected amine, enabling selective transformations in multi-step organic syntheses. Commonly employed in the preparation of nicotinic receptor modulators and nootropic drugs. Also utilized in medicinal chemistry for building heterocyclic scaffolds with potential cognitive-enhancing properties.