Used primarily as a pharmaceutical intermediate in the synthesis of active pharmaceutical ingredients (APIs), particularly in the development of central nervous system (CNS) agents. Its structure supports the creation of compounds with neurological activity, including those targeting cognitive enhancement and neurodegenerative disorders. Commonly utilized in research settings for designing nootropic drugs and serotonin receptor modulators. Also serves as a building block in the preparation of pyrrolidine-based bioactive molecules due to its functionalized backbone that facilitates chemical modifications.