Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of nicotinic acetylcholine receptor modulators. It plays a role in creating compounds that target neurological disorders such as Alzheimer's and Parkinson's diseases. Also utilized in the preparation of nootropic agents and cognitive enhancers due to its structural similarity to natural neurotransmitters. Commonly employed in medicinal chemistry for building blocks in drug discovery programs focused on central nervous system therapies.