Used in pharmaceutical synthesis as an intermediate for nootropic and neuroprotective agents. Shows potential in cognitive enhancement and memory improvement due to structural similarity to piracetam-like compounds. Investigated for treatment of neurological disorders such as Alzheimer's and vascular dementia. Also employed in research on glutamate receptor modulation and neuronal protection against oxidative stress. Its derivatives are explored for improved blood-brain barrier penetration and enhanced metabolic stability in central nervous system therapies.