Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of nicotinic acetylcholine receptor modulators. It plays a role in the production of certain neuroactive compounds, including those investigated for the treatment of neurological disorders such as Alzheimer's disease, Parkinson's disease, and depression. Its structural features allow for good binding affinity to neuronal receptors, making it valuable in medicinal chemistry research. Also employed in agrochemical research for developing novel insecticides targeting insect nervous systems.