Used as an intermediate in the synthesis of pharmaceutical compounds, particularly in the development of nicotinic acetylcholine receptor modulators. It plays a role in the preparation of active pharmaceutical ingredients (APIs) for drugs targeting neurological disorders such as Alzheimer's disease and schizophrenia. Its structure allows for easy functionalization, making it valuable in medicinal chemistry for building more complex molecules. Also utilized in research settings for the design of novel bioactive compounds and in the creation of libraries for high-throughput screening in drug discovery.