Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the production of nootropic and neuroprotective agents. It serves as a building block for compounds that modulate neurotransmitter systems, especially those targeting cognitive enhancement and neurological disorders. Commonly employed in the development of racetam-class derivatives and other central nervous system-active drugs. Its structural features make it valuable in medicinal chemistry for designing molecules with improved bioavailability and receptor selectivity. Also utilized in research settings for the preparation of novel heterocyclic compounds with potential biological activity.