This compound is primarily utilized in the synthesis of pharmaceuticals and agrochemicals due to its versatile chemical structure. It serves as a key intermediate in the production of various active pharmaceutical ingredients (APIs), particularly those targeting neurological and cardiovascular diseases. Its pyridine moiety makes it valuable in creating compounds with potential therapeutic effects. Additionally, it is employed in the development of herbicides and fungicides, contributing to crop protection and agricultural productivity. Its reactivity allows for further functionalization, enabling the creation of diverse chemical entities for research and industrial applications.