Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of central nervous system agents. It serves as a building block for compounds with potential neuroprotective and cognitive-enhancing properties. Its structure allows for easy modification, making it valuable in medicinal chemistry for creating analogs in drug discovery programs. Also employed in research settings to study GABAergic and glutamatergic pathways due to its isoxazole core, which mimics bioactive heterocycles found in natural neurotransmitters.