This compound is primarily used in pharmaceutical research as an intermediate in the synthesis of various active pharmaceutical ingredients (APIs). It plays a key role in the development of drugs targeting neurological disorders, particularly those involving the modulation of nicotinic acetylcholine receptors. Its structural features make it valuable for designing compounds with potential therapeutic effects in conditions like Alzheimer's disease, Parkinson's disease, and other cognitive impairments. Additionally, it is utilized in organic chemistry studies to explore novel synthetic pathways and optimize reaction conditions for producing biologically active molecules.