Used in organic synthesis as an intermediate for pharmaceuticals, particularly in the preparation of nicotinic receptor ligands and central nervous system agents. Commonly employed in the development of neuropharmacological compounds, including those studied for cognitive enhancement, pain management, and psychiatric disorders. Also utilized in research settings for the synthesis of analogs related to acetylcholine and other neurotransmitter modulators. Its ester functionality allows for further derivatization, making it valuable in medicinal chemistry for building complex heterocyclic structures.