Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of nicotinic acetylcholine receptor modulators. It serves as a building block for compounds targeting neurological disorders such as Alzheimer's disease, schizophrenia, and neuropathic pain. Its structure allows for selective interactions with receptor subtypes, enhancing drug specificity. Also employed in the preparation of nootropic agents and cognitive enhancers due to its ability to cross the blood-brain barrier effectively.