This chemical is primarily utilized in the synthesis of pharmaceuticals and agrochemicals due to its versatile reactivity. It serves as a key intermediate in the production of various compounds, including potential drug candidates, by enabling the introduction of the pyridine moiety, which is often crucial for biological activity. Additionally, it is employed in the development of heterocyclic compounds, which are widely used in medicinal chemistry for their diverse pharmacological properties. Its application extends to research and development, where it is used to create novel molecules for testing and optimization in drug discovery processes.