Used as an intermediate in the synthesis of pharmaceuticals, particularly in the production of nootropic drugs like piracetam and related racetam family compounds. It plays a key role in constructing the core structure of cognitive enhancers that affect neurotransmitter systems in the brain. Also utilized in research for developing new neuroprotective agents and compounds targeting neurological disorders. Its reactive nitrile and lactam groups make it valuable for organic synthesis in medicinal chemistry.