Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of nicotinic receptor agonists and cognitive enhancers. It plays a role in the production of compounds targeting neurological disorders such as Alzheimer's disease and schizophrenia. Its structure allows for effective binding to central nervous system receptors, making it valuable in medicinal chemistry for designing drugs with improved selectivity and bioavailability. Also utilized in the preparation of novel piperidine-based derivatives for research in neuropharmacology.