Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of central nervous system agents and cognitive enhancers. It serves as a building block for nootropic drugs, aiding in the improvement of memory and mental function. Its structure allows for easy modification in medicinal chemistry, making it valuable in creating analogs for drug discovery. Additionally, it is utilized as a starting material for antioxidants due to the 6-hydroxy group, which effectively scavenges free radicals. Also utilized in research settings to study pyridinone-based compounds for potential therapeutic effects in pharmaceutical and biochemical applications.