Used primarily as a key intermediate in the synthesis of pharmaceuticals, particularly in the production of nootropic drugs that enhance cognitive function. It plays a critical role in the development of racetam-family compounds, which are known for their neuroprotective and memory-enhancing properties. Due to its structural compatibility with brain-targeted therapeutics, it is also explored in the design of prodrugs aimed at improving blood-brain barrier penetration. Its application extends to research settings for studying neurological pathways and developing treatments for neurodegenerative disorders.