Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of nootropic and neuroprotective agents. It plays a role in the production of racetam-class cognitive enhancers, where it contributes to the modulation of neurotransmitter systems involved in memory and learning. Its structure supports the design of compounds targeting glutamate receptors and neuronal ion channels. Also explored in research for potential applications in treating neurodegenerative conditions due to its ability to influence neuronal metabolism and synaptic activity.