Used primarily as an intermediate in the synthesis of pharmaceutical compounds, particularly nicotinic acetylcholine receptor modulators. It plays a key role in the development of drugs targeting neurological disorders such as Alzheimer's disease, Parkinson's disease, and depression. The compound's structure allows for selective binding and improved bioavailability in central nervous system agents. It is also utilized in the preparation of nootropic and neuroprotective agents due to its ability to cross the blood-brain barrier effectively.