Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of nicotinic acetylcholine receptor modulators. It plays a role in creating compounds with potential cognitive-enhancing and neuroprotective effects. Also utilized in research settings for designing new drug candidates targeting neurological disorders such as Alzheimer's and schizophrenia. Its structure supports binding to central nervous system receptors, making it valuable in medicinal chemistry for optimizing bioavailability and receptor selectivity.