Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of central nervous system (CNS) active agents. It serves in the preparation of nootropic and cognitive-enhancing compounds due to its structural similarity to racetam-class molecules. Also utilized in research for designing novel psychotropic drugs, including antidepressants and antipsychotics. Its derivative formation supports medicinal chemistry efforts in optimizing drug potency and blood-brain barrier penetration.