Used in pharmaceutical research as a key intermediate in the synthesis of nootropic and neuroprotective agents. It exhibits potential in enhancing cognitive function and memory retention due to its structural similarity to piracetam-like compounds. The compound is investigated for its ability to modulate neurotransmitter activity and support neuronal health, making it relevant in the development of treatments for neurodegenerative disorders such as Alzheimer's and Parkinson's diseases. Additionally, it serves as a building block in medicinal chemistry for designing novel analogs with improved blood-brain barrier permeability and metabolic stability.