Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of neuroactive compounds and nootropics. It serves as a building block for pyrrolidone derivatives, which are known for their cognitive-enhancing and neuroprotective properties. Commonly employed in research settings to construct more complex molecules targeting central nervous system disorders. Also utilized in the preparation of prodrugs due to its ability to improve metabolic stability and bioavailability. Its keto and ester functional groups allow for diverse chemical modifications, making it valuable in medicinal chemistry and drug design.